- Seed Funding to enhance community platform for 55+ population
- Curated experiences, social connection, and lifelong learning in focus
- This investment is part of the HDFC Bank Venture Capital Programme, designed to fast-track the growth of innovative start-ups
NE BUSINESS BUREAU
AHMEDABAD, OCT 13
HDFC Bank, one of India’s leading private sector banks, on Monday announced its seed funding for WalkAbout, a premier community platform designed for active agers. The investment aims to scale curated experiences and enhance community engagement for people aged 55 and above.
WalkAbout, formerly known as GetSetUp India Pvt. Ltd, organizes curated events in Mumbai, New Delhi, Bengaluru, and Chennai, fostering a “third space” where active agers can connect, socialize, learn, and stay mentally, socially, and physically engaged.
Arup Rakshit, Group Head, Treasury, HDFC Bank, said: “WalkAbout’s curated events make the advancing years not only enjoyable but intellectually stimulating. We are proud to support this initiative through our seed funding, reinforcing our commitment to meaningful societal impact.”
With India’s 50+ population projected to surpass 300 million by 2050, WalkAbout is addressing a critical demographic shift by creating dedicated venues and programming that promote social connection, physical wellness, and lifelong learning.
Deval Delivala, Founder & CEO of WalkAbout, remarked: “HDFC Bank’s investment validates our belief that active ageing is not just a lifestyle choice; it’s an economic and social imperative. Their support will strengthen our digital offerings and in-person experiences, helping seniors stay curious, connected, and healthy—giving them the best chance to age with dignity and independence.”
This investment is part of the HDFC Bank Venture Capital Programme, designed to fast-track the growth of innovative start-ups. WalkAbout joins other strategic investments by the Bank, including quantum cybersecurity start-up QNu Labs and Bharat GPT creator CoRover, demonstrating HDFC Bank’s commitment to fostering innovation with social impact.
