HDFC Bank Ltd.,
HDFC Bank House,
Senapati Bapat Marg, 
Lower Parel, Mumbai - 400 013.

Mumbai, February 16, 2017: HDFC Bank Ltd., today announced winners of 2 nd edition of its Digital Innovation Summit (DIS). The winners are from artificial intelligence, augmented reality, internet of things, secure payment solution, and rural fin-tech domains. While two of the winners are from Bengaluru, other three winners are based in Delhi, Mumbai, and Tel Aviv in Israel, respectively. The FinTech start-up from Israel was one of the 7 overseas entries. These start-ups get a chance to deploy their innovations in the Bank, after further evaluation on technical, business, security, and compliance parameters.

“The objective of the summit is to have at its disposal a pool of cutting-edge world technology solutions,” said Mr. Nitin Chugh, Country Head, Digital Banking, HDFC Bank at the event in Mumbai. “It’s gratifying that this year, we had as many as 7 overseas companies participating in the Summit. This is only going to grow bigger as we are committed to giving an experience that our customers value.”

The winners are:

Name	Domain	Offering	Location
NextGen Telesolutions	Mobile Banking / Rural Fin-Tech	TapnPay mPOS solution for Merchant Payments	Delhi
Niki.ai	Mobile Banking	Chat-based Personal Stock Broker	Bangalore
Tag8	Others	IOT-based Smart Asset Management	Mumbai
Paykey	Payments	Secure Payment Keypad	Tel AvivYafo
Absentia VR	Operational efficiency	Offline App download & AR based heatmaps for branch efficiency	Bangalore / Mumbai