How to apply to Co-Lab by HDFC Bank & Pravega Ventures
23 June, 2023
Building a business from the ground up is challenging. While one might have the capital, having the business acumen to keep thriving is a whole other ballgame. Many businesses shut down due to this very reason. However, as an upcoming entrepreneur with a great business idea in the fintech space, you can get the necessary mentorship to establish your business and make it profitable. You can apply for Co-Lab by HDFC Bank & Pravega Ventures– a tech startup mentorship program launched by HDFC Bank in association with Pravega Ventures. Read on to learn how to apply to Co-Lab by HDFC Bank & Pravega Ventures.
About Co-Lab by HDFC Bank & Pravega Ventures
Co-Lab by HDFC Bank & Pravega Ventures is a joint venture between India’s No. 1 Bank – HDFC Bank and Pravega Ventures. A one-of-its-kind co-creation LAB, the program assists your early-stage startup to achieve scale and success through expert mentorship. By applying to the program, you can accelerate the development of your ground-breaking, innovative, and ingenious business ideas.
If you own an innovative tech startup, you can apply to this program online. Your business should be building in the domains of SME Tech, Wealth Tech, Payments, Retail, Assets and Infrastructure to be eligible.
How To Apply To Co-Lab by HDFC Bank & Pravega Ventures Online?
The following are the steps to apply to the program online.
Visit the HDFC Bank website and go to Personal > Useful Links > HDFC Bank Co-LAB. Alternatively, you can click on the link to be auto-directed to the page.
Click on the 'Apply Here' tab at the bottom of the Page. You will now be redirected to a new page, featuring the 'Register Here' button, on which you must click.
The 'Register Here' button takes you to the program application form page, which you must duly fill, by providing details such as your:
Email address
Full name
Company name
Company website link
Names of all founders, their role/designation, and their LinkedIn profile links
Contact number
Company sector focus (From a range of options provided on the form)
Company stage (whether your company is in the idea, beta, early revenue, steady revenue, or any other stage)
Next, you need to share your pitch deck by uploading the applicable file.
Reply to the questions of whether you have raised any funding so far (and provide information if you have) and whether you have worked in a BFSI company in the past.
Review the details provided in the form, select the option to receive a copy of your responses and submit the form.
The Post Application Process
Once you submit your application, HDFC Bank and Pravega Ventures will review it. A member of the Pravega investment team will stay in touch with you and inform you about the process’s developments. If both HDFC Bank and Pravega Ventures find your application worth considering, we will communicate the same to you. It typically takes up to 18 weeks from the time of enrolment to the completion of the program. You may also continue collaborating with us once the program is completed.
Give Wings to your Fintech Startup with Co-Lab by HDFC Bank & Pravega Ventures
Now that you know how to apply to Co-Lab by HDFC Bank & Pravega Ventures, you should consider sending your application if you have a revolutionary business idea that can change the fintech landscape. With this program, you can get the guidance you need to get your business off the ground into a living, breathing entity. Besides funding, the program also provides you with valuable mentorship to help you scale your fintech business to newer heights. –
Read More Who should apply to Co-Lab by HDFC Bank & Pravega Ventures
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*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.