T-Hub and HSBC Bank, under its fintech focussed Accelerator 2030 Program, has announced the names of the final five startups. These startups, selected on basis of their innovative products and solutions for improved banking operations, will undergo eight-week-long training, mentorship and workshops by senior HSBC leadership.
The 5 Startups From Accelerator 2030 Program include
- Abda Digital Pvt Ltd: Hyderabad-based Adda Digital is a SaaS platform for creating interactive micro-ads. The startup co-founded in 2015 by KRK Rao and Sravan Kumar Narasipuram provides an innovative way for user engagement and lead generation.
- Tookitaki Technologies Pvt Ltd: Singapore-based start up Tookitaki helps financial institutions improve operational efficiency in reconciliation and financial crime space. Incorporated in 2014, the company has raised $4 Mn plus funding from Jungle Ventures, Spring Seeds and Blume Ventures.
- Capital Quant Solutions Pvt Ltd (CapQuant): The startup is a boutique firm focused on providing analytics for capital markets. CapQuant founded by Pravin Lal offers cognitive automation solutions to the financial services industry.
- vPhrase Analytics Solutions Pvt. Ltd: Founded by Neerav Parekh, vPhrase, is an artificial intelligence platform that helps companies convert data to insightful and actionable stories. It has a patent-applied platform, Phrazor, that analyses data, derive insights and then communicates those insights in words and in multiple languages. In 2016, the Mumbai-based Venture Catalysts (VCats) had invested an undisclosed amount of seed funding on the startup.
- Morph.ai: Gurugram-based Morph.ai was founded by Nidhi Agarwal, Jayesh Hathila, Vipul Garg, Pratik Jain, Abhishek Gupta, and Ishan Jain in 2016. Morph.ai is an enterprise ChatBot suite that helps businesses engage in personalised marketing and sales.
T-Hub is a unique public/private partnership between the government of Telangana, three of India’s premier academic institutes (IIIT-H, ISB and NALSAR) and key private sector leaders. T-Hub aims to forge many such partnerships with governments and corporates across the world to setup T- Bridge centers, strengthening trade relations and attracting investment into the state of Telangana.
T-Hub is one of the largest Start-up ecosystem builders in India, with over 2000 start-ups in its database clustered into various stages of growth across community development that is unique to Hyderabad. Such a unique model enables investors and corporates to plan programs and capacity building initiatives in a targeted and organized manner. T-Hub is also the only model where the government is working intensely with the investor and the partner to fuel innovation and facilitate enterprise. For more information, please visit – www.t-hub.co
HSBC Global Operations run and deliver customer operations and help to manage change in the bank. The function manages about 1.7 trillion transactions a year and around 380 payments every second for HSBC’s 38 million customers worldwide. They support four global businesses – Retail Banking and Wealth Management, Commercial Banking, Global Private Banking and Global Banking and Markets – in delivering customer operations and services across the world.
Offshore operations are carried out from the Global Service Centres (GSCs) across five cities in India and six other countries. They support the operations of HSBC’s global businesses by performing processing and analytical tasks to fulfil customer payments, transactions, regulatory compliance and everyday banking needs.