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# HSBC India offers to lend $250 million to Indian startups
- URL: https://www.techloy.com/hsbc-india-offers-to-lend-250-million-to-indian-startups/
- Published: 2022-06-13T17:25:26.000Z
- Updated: 2022-12-08T01:37:05.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Startups, Tech in India

[HSBC India](https://www.hsbc.co.in/) has announced its intention to lend $250 million to growth-stage startups in India to support their expansion plans. 

- The lending will be given to high-growth tech-focused startups in India.
- It will be managed by the commercial banking vertical of HSBC India.
- The offering is coming out of the bank's recognition of the need for tech startups to access finance for growing their businesses in the country.
- Individual startup allocation and disbursal time are yet to be announced.