Axis Bank sets up incubator for fintech startups
Axis Bank has launched an innovation lab facility called 'Thought Factory' to accelerate fintech startups that develop technology solutions for the banking sector. Located in a 10,000 sq ft area in Bengaluru, the lab has an in-house innovation team and a three-month accelerator program. After three months, an Investor Day will be organised to facilitate funding for the shortlisted startups.