Bengaluru sources have stated that Private sector bank Axis Bank said it has completed the first cohort of its start-up Accelerator Program at its innovation lab 'Thought Factory' here.
Meanwhile when claiming to be the first Indian bank to launch such an innovation platform, it said it has successfully mentored six start-ups S2Pay, Pally, Perpule, FintechLabs, Paymatrix and Gieom(details in Annexure I) to create breakthrough technology solutions to disrupt the banking-tech landscape.
According to sources said its Thought Factory team has collaborated with OCBC Bank & Visa Innovation Lab, Singapore and AWS, India for co-innovating.A Tech Advisory Board comprising Sharad Sharma (iSpirit), Manish Chokhani (Enam), Vishal Gondal (Founder, GoQii) and Shankar Narayan (Singapore based serial entrepreneur) along with Axis Bank Senior Management form the ThinkTank for Thought Factory,
