HSBC India in association with Z Nation Lab has created a knowledge dissemination platform - ‘SYNC’. This is to help Indian startups navigate a complex business environment to those growth-stage startups seeking high quality and bespoke knowledge exchanges and scalable networking opportunities with Global corporates, HNIs, VCs and Unicorn founders, have a vast pool to look forward to.
HSBC has always understood your determination, passion and vision for your brainchild – your startup. So when your ambition for the business opens new frontiers of opportunities, HSBC can help you navigate a complex business environment with a full stack of banking services, international networks and more.
The key growth ingredient to any rising start-up is “Capital”. HSBC is committed to play a catalyst’s role and help gain momentum and meet your working capital needs.
HSBC India is looking to co-create a “Smart-Scoring” platform that considers all financial, heuristic, market and non-market, critical and non-financial parameters in evaluating startups for lending and/or venture debt financing.
The SYNC Challenge is a call to arms for to startups and FinTechs alike.
● Early-stage or matured startups with an MVP addressing a defined problem statement
● Should have been live for at least a year
● Applying startups can be located anywhere globally, with a presence in India
● Startups should have a working model already with one or more clients anywhere across the world
“Build a scoring model to evaluate startups for lending and/or venture debt financing for HSBC India”
A one-size-fits-all approach may not work for Indian startups, especially when it comes to lending. Traditional lending parameters may not be equipped while evaluating startups in a just and independent manner because they do not possess a business model-valuation in the current set of collateral requirements. But why should that hamper startups from a thorough evaluation for debt investment similar to equity investments?
Model need to be compatible for instant integration into existing BFSI credit scoring processes. There would be enough opportunity to discuss and brainstorm with Mentors during the course of next 8 weeks to help you with validation and business modelling. The outcome should generate scores based on defined parameters & real-time predictions.
● Get an opportunity to conduct a live POC with HSBC India.
● Opportunity to raise Debt funding.
● Opportunity to get working Capital.
● Validate and build your network by pitching in front of a Jury Consisting of HSBC India Senior Management and a representative from major Venture Capital Firms.
● Get a Chance to benefit from HSBC India's mentorship and banking knowledge to further their proposition.
May 7th
Applications OpenMay 20th
Last date to applyMay 31st
Prelim ShortlistingJune 3rd and 4th
Mentor interactionJune 15th and 20th
One 2 One Mentoring Session of an hour each24th June
Final shortlistingJuly 12th
Pitch Day (Will be held in Mumbai, Time and Logistics to be advised via email to shortlisted candidates on 24th June)The new genome of startups and high-performance ecosystems is based on the symbiotic fusion of Local Connectedness and Global Market Reach. Funding and Talent are very vital, but not enough. Productivity and innovation come to the fore as key differentiators as startups go global. In any economy, companies with more exposure to foreign markets are the “forerunner” firms that drive growth.
SYNC Global Connect is aims to be a forum where industry stalwarts, representatives of global Governments and startup ecosystems along with HSBC India will come together to share their knowledge and wisdom at the round table conference. Our aim is to give startups the platform to leverage subject matter experts, mentors, go-to-market initiatives marketing support and opportunity to work with established companies to pilot and validate their products and technologies.
While entrepreneurs work to create a scalable and sustainable startup, how can building strategic global partnerships, accelerate scaling?
Disruption is picking up fast in every industry, giving the realisation to embrace innovation to majority of the corporations today. Most corporates have now put some or the other process for incremental innovation but it is harder to create the disruptive innovation from within. The need to have an early mover advantage on disruptive technologies has led many corporates and MNC’s to acquire existing innovative startups and leverage on their technology solutions.
India being the 3rd largest startup ecosystem in the world with some of the best engineering talent, Indian startups are at the forefront for M&A activities for companies from across the world.
To know the secret sauce behind successful M&A both from the Startup and Corporate acquirer’s perspective Join us the Round table discussion at Sync Exits and listen to the experts, founders and corporate executives who are at the core of M&A activities.
Startup Founders who sold their companies, M&A executives from large corporates and MNCs, VCs and Investors who have led their portfolio to a successful M&A exit, Investment Bankers and Legal experts from marquee consultancy and law firms.
Z Nation Lab provides an ecosystem to tech entrepreneurs and startups to help them accelerate their growth.
Click here to Know More
At HSBC, we understand your determination, passion and vision for your brainchild – your start-up. So when your ambition for your business opens new frontiers of opportunities, we will help you navigate.
From being an enabler at an early stage to acting as a growth driver in the building stage and coaching your business when you're ready to soar beyond the borders to go global. At HSBC, we aim to support the ambitions of trailblazers like you.
HSBC has always been at the forefront of innovation, with a deep-rooted history of 150 years – leading change and driving excellence in the country. The bank has proudly held the mantle of being the first bank to introduce ATMs in the country back in 1987. Fast forward to 2018 when the Bank successfully executed a block-chain based trade transaction for an Indian conglomerate, a first in India.
HSBC Commercial Banking operates in 54 countries and territories, covering developed and developing markets. Our global footprint and network of financial experts support more than 1.5 million entrepreneurs and organisations to help them start, build and grow their businesses.
