Mumbai, October 9, 2025 — HSBC has launched Innovation Banking in India, a dedicated proposition tailored to support the country’s technology and venture ecosystem.
As part of the launch, HSBC India expects to allocate a total of $1 billion in non-dilutive debt capital to support startups across early to late stages. The funding is aimed at helping growth companies scale operations without diluting equity, enabling founders and investors to retain greater control.
HSBC Innovation Banking in India offers a range of banking and financing solutions designed to support entrepreneurial businesses throughout their lifecycle, from seed stage to IPO, as well as their investors.
The bank already maintains a substantial balance sheet allocation for fund financing across venture capital and domestic private equity funds, and plans to expand this offering further under the Innovation Banking platform.
HSBC said India represents one of the fastest-growing major economies, with a dynamic startup ecosystem expected to contribute significantly to economic growth and job creation in the coming years.
David Sabow, Global Head of Innovation Banking at HSBC, said the expansion into India reflects the bank’s intent to support entrepreneurial growth globally through funding and access to its international network.
Ajay Sharma, Head of Banking, HSBC India, said the launch strengthens HSBC’s commitment to supporting innovation-led businesses and enabling startups to scale internationally.
Dilip Gopinath has been appointed Head of HSBC Innovation Banking, India, and will lead a dedicated team focused on supporting clients across the ecosystem.
Source: HSBC