Uploaded August 2017 | Updated September 2026, 1 hour ago
I recently had the chance to attend the Axis Bank Thought Factory event here in Bangalore. This video is my interpretation of it.
Thought factory is a co-innovation lab built to accelerate the development of startups in the fintech sector. The program aims to identify promising startups and work closely with them to solve problems in the banking industry.
Startups that graduated this year :
S2Pay - Enabling Offline mobile Payments
Business Area - Payments
S2Pay forms a layer over payments app, and enables the end consumer to make secure payments
from their mobile app, even when the consumer is offline. The technology is especially useful in
remote areas where internet data is still an availability; making digital payments a realty for
everyone.
Pally - AI Stack based Chatbot for Investment Advisory
Business Area - Investments
Pally has created a chatbot that on the input of an image of salary slip creates an investment
portfolio which maximizes tax saving for the end customer. The plan is customized for each
customer; his details and desired saving plans are queried by an intelligent chat by the bot.
Perpule - Self checkout on mobile app
Business Area - Payments
Perpule's app let end customers scan the shopped products from their mobile app, and pay from
within the app once the list is complete. Perpule integrates with retailer's campaigns, thus
automatically applies discounts/offers on the go. Perpule wants to do away the check-out queues,
and make shopping fun.
FintechLabs - Analytics in lending
Business Area: Lending
Fintech labs analytical models can be used in digital lending space. With their analytics they want to
digitize lending completely, making it quick, easy but safe and focused.
Paymatrix : Credit in rental space
Business Area: Real Estate, Payments, Credit Cards, Liabilities
Paymatrix is trying to solve the problem of credit involved in Indian rental market via enabling
payments to land lords via credit cards.
They also help landlords in rent/property management. Paymatrix is trying to reduce the commotion
in field on Indian rentals and instill transparency & organization.
Get in touch :
Thought Factory,
Tower C, 2nd Floor, Diamond District,
Old Airport Road, Domlur,
Bangalore – 560008
You can also email them @ thoughtfactory@axisbank.com
___
Follow me in these places -
Snapchat - snapchat.com/add/techdevotedyt
Facebook - facebook.com/TechDevotedyt
Twitter - twitter.com/techdevotedyt
Instagram - instagram.com/suraj.jpg
___
Background track :
Little thoughts by ColdFusion
Outro track :
Lamborghini Tears by Marc Goone
___
This video was sponsored by Axis Bank.
-~-~~-~~~-~~-~-
Please watch: "The 2018 Layman's Guide to Buying a Camera!"
youtube.com/watch?v=ow9x2MVUPjI
-~-~~-~~~-~~-~-
I recently had the chance to attend the Axis Bank Thought Factory event here in Bangalore. This video is my interpretation of it.
Thought factory is a co-innovation lab built to accelerate the development of startups in the fintech sector. The program aims to identify promising startups and work closely with them to solve problems in the banking industry.
Startups that graduated this year :
S2Pay - Enabling Offline mobile Payments
Business Area - Payments
S2Pay forms a layer over payments app, and enables the end consumer to make secure payments
from their mobile app, even when the consumer is offline. The technology is especially useful in
remote areas where internet data is still an availability; making digital payments a realty for
everyone.
Pally - AI Stack based Chatbot for Investment Advisory
Business Area - Investments
Pally has created a chatbot that on the input of an image of salary slip creates an investment
portfolio which maximizes tax saving for the end customer. The plan is customized for each
customer; his details and desired saving plans are queried by an intelligent chat by the bot.
Perpule - Self checkout on mobile app
Business Area - Payments
Perpule's app let end customers scan the shopped products from their mobile app, and pay from
within the app once the list is complete. Perpule integrates with retailer's campaigns, thus
automatically applies discounts/offers on the go. Perpule wants to do away the check-out queues,
and make shopping fun.
FintechLabs - Analytics in lending
Business Area: Lending
Fintech labs analytical models can be used in digital lending space. With their analytics they want to
digitize lending completely, making it quick, easy but safe and focused.
Paymatrix : Credit in rental space
Business Area: Real Estate, Payments, Credit Cards, Liabilities
Paymatrix is trying to solve the problem of credit involved in Indian rental market via enabling
payments to land lords via credit cards.
They also help landlords in rent/property management. Paymatrix is trying to reduce the commotion
in field on Indian rentals and instill transparency & organization.
Get in touch :
Thought Factory,
Tower C, 2nd Floor, Diamond District,
Old Airport Road, Domlur,
Bangalore – 560008
You can also email them @ thoughtfactory@axisbank.com
___
Follow me in these places -
Snapchat - snapchat.com/add/techdevotedyt
Facebook - facebook.com/TechDevotedyt
Twitter - twitter.com/techdevotedyt
Instagram - instagram.com/suraj.jpg
___
Background track :
Little thoughts by ColdFusion
Outro track :
Lamborghini Tears by Marc Goone
___
This video was sponsored by Axis Bank.
-~-~~-~~~-~~-~-
Please watch: "The 2018 Layman's Guide to Buying a Camera!"
youtube.com/watch?v=ow9x2MVUPjI
-~-~~-~~~-~~-~-










