The Aditya Birla Group on Thursday announced the launch of Aditya Birla <g data-gr-id="10">Bizlabs</g> to collaborate with start-ups and provide them with the opportunity to <g data-gr-id="11">scal</g> up in a large operating business environment. "Our objective at Aditya Birla <g data-gr-id="12">Bizlabs</g> is to enable the start-up ecosystem with the power and reach of the group's businesses to create a platform to foster growth and rapidly scale-up businesses," Aditya Birla Group Executive President Dev Bhattacharya said.
Aditya Birla <g data-gr-id="14">Bizlabs</g> will be looking at start-ups which offer innovative solutions in the areas of retail and financial services or mobility, it said in a statement. These are also the industries where the group enjoys leadership positions via its businesses such as Idea Cellular, More, Pantaloons, Madura Fashion & Lifestyle and Aditya Birla Financial Services, it added.