IndusInd Bank launches ‘INDIE for Business’, a Digital-first Platform Designed to Empower India’s 60 million+ MSMEs

  • Aims to double its MSME revenue over the next three years with INDIE for Business positioned at the core of this growth
  • Over 2 million MSME clients expected to join the platform in near-future with about 100,000 already onboarded

Chandigarh, July 01, 2025; IndusInd Bank today announced that it has introduced ‘INDIE for Business’, a comprehensive digital banking platform designed to transform how the micro, small, and medium enterprises (MSMEs) manage their finances. Crafted for business owners who seek a seamless and intuitive experience, the platform offers a unified interface that brings together all banking needs – across payments, loans, collections, and account insights – into a single platform. INDIE for Business empowers entrepreneurs with greater control, efficiency, and transparency, helping them focus on growing their enterprise while this digital platform takes care of their financial operations. The platform is accessible via mobile application (android & iOS) and web browser.

Through INDIE for Business, IndusInd Bank aims to reach over 60 million enterprises within India’s MSME segment, offering a powerful suite of features tailored to their evolving needs. The platform incorporates several industry-first features, such as a 360° view of all business accounts, real-time tracking of loan balances, EMIs and due dates, digital self-onboarding, along with seamless profile switching for entrepreneurs managing multiple entities. Businesses can also make bulk payments for salaries and vendors, pay GST, income tax, and customs duties directly from the platform, and authorize transactions on-the-go using a digital approval workflow with role-based access for sub-users like accountants or finance staff, providing added operational flexibility while upholding a secure and structured framework.

Ms. Charu Sachdeva Mathur, Head – Digital Banking & Strategy (Existing Business), IndusInd Bank, said, “At IndusInd Bank, we believe that the MSME sector is the backbone of India’s economic growth. INDIE for Business will empower the MSMEs with a digital-first, intuitive platform that simplifies banking and gives them complete financial control. The platform is designed to address key challenges including account management, tracking loans, making tax payments, or collecting dues. As the sector evolves, we believe INDIE for Business will be instrumental in accelerating their growth and supporting India’s digital economy vision.”

INDIE for Business offers a fully paperless onboarding process, allowing MSMEs to register instantly using Aadhaar, debit card, or net banking credentials. The platform will enable businesses to accept payments via POS, QR codes, and payment links, making collections simpler and more accessible. The platform also aims to transform cross-border payments with its instant and paperless solutions. INDIE for Business was recently recognized as the Best Digital Platform for Business Banking at Finnoviti Awards 2025.

Check Also

Automotive Spare Parts Aggregator Garaaz Raises ₹4.55 Cr in Seed Round Led by GVFL

Jaipur-based Garaaz is a SaaS and aggregator platform for the auto-tech industry, helping distributors and …