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HDFC Bank ties up with 5 start ups

The HDFC bank has chosen five start ups from 30 applications to work together in its field of operations.

Five companies

  • Senseforth Technologies into AI customer response
  • Tagnpin -a marketing and customer engagement company
  • Safe 2 Pay-a point of sale-free payment system
  • Bugclipper-an in-app feedback tool
  • Taptis Technology– a biometric payment company

Flash points

  • The company chose five start ups from 30 applicants during its maiden Digital summit
  • The bank previously tied up with Chillr to enable its customers pay without a wallet
  • Senseforth, based in Bengaluru, has developed a machine learning tool to help chat with customers to resolve their queries
  • The platform has been developed for the web, Android and iOS
  • Tagnpin, a start-up from Gurgaon, is a marketing and customer engagement tool, meant to help banks use customised marketing campaigns
  • Safe 2 Pay has developed an app which allows offline payments. It is a replacement for cash or an electronic cheque. The app is your cheque, the pin is your signature and validation is done by the bank
  • Bugclipper, also from Mumbai, has developed an in-house tool, which sends back reports to the development team about why an app crashed and describes customer behaviour
  • Taptis Technology, from Indore, has developed a biometric point of sale machine which is synced with Aadhaar and helps customers pay without a credit card by using their fingerprint, a camera and PIN-based system

Points to note

  • HDFC headquarters– Mumbai
  • HDFC MD & CEO– Aditya Puri
  • Tagline – We Understand Your World

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