Banking sector startups find it easiest to raise funds: Microsoft study

Banking sector startups find it easiest to raise funds: Microsoft study

Banking, retail, and healthcare companies are the top adopters of startup technologies, while young firms that cater to the banking sector are most likely to raise investments, reveals a new study. According to the Ecosystem Report on Enterprise Ready Startups 2016 by Microsoft Accelerator released on Thursday, intense focus on optimisation is leading enterprises in banking, retail, and healthcare segments to adopt enterprise technology solutions in a big way. “Banking and healthcare have proven to be the most receptive to startup solutions. With the rise of digitisation across sectors, deep technology companies play a pivotal role in empowering these corporates to build innovative ways to engage with customers and address complex business requirements,” the study observed. While such technology solutions help banks increase customer traction and achieve greater customer satisfaction,…


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