Mumbai, April 17 -- JPMorgan India is looking to expand its startup banking segment to include over 100 companies in the coming years, a senior executive said, as it looks to deepen its presence in India's high-growth technology companies.

The bank started its "innovation economy" business in the US about five to six years ago and then expanded it to other geographies. In India, the business started 30 months ago and has approximately 50 companies, Pranav Chawda, chief executive officer (CEO) of JPMorgan Chase Bank India, said in an interview.

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