HSBC launches its Innovation Banking in India with a $1 billion non‑dilutive debt fund:
HSBC has pledged $1 billion to support early and growth-stage startups through its newly launched Innovation Banking platform. This initiative offers non-dilutive debt capital—including working capital and term loans—allowing startups to access funds without giving up equity. With this, India becomes the 13th global market to benefit from HSBC’s dedicated innovation banking services. HSBC’s fund will provide startups with access to loans that don’t require equity dilution. This is especially beneficial for founders who wish to retain ownership and control while scaling operations.Previously, HSBC had extended around $50 million in 2020 and scaled it to $600 million by 2024. The $1 billion commitment in 2025 marks a sharp upscaling of its engagement with India’s innovation economy.
