BITS Pilani, RBI, ICICI Bank launch fintech accelerator programme for startups

BITS Pilani: Pilani Innovation and Entrepreneurship Development Society (PIEDS), BITS Pilani in partnership with Reserve Bank Innovation Hub (RBIH) and ICICI Bank has announced the launch of an initiative to accelerate fintech start-ups ‘FinXcelerator’.

The 45-day gas pedal program will offer chosen new businesses a few administrations, including coaching, customized help, and open doors for pilot projects with ICICI bank and other corporate firms. Feature meetings, board conversations, organizing meet ups and a demo day for new companies to exhibit developments to expected financial backers and partners will likewise be held during the program.

The web-based application window for FinXcelerator will be open till September 24. Applications will be evaluated after the deadline, and specific goals will be set for each selected startup.

Rajesh Bansal, President, RBIH, said, “We are satisfied to team up with PIEDS-Pieces Pilani and ICICI Bank for FinXcelerator. This endeavor will pave the way for a vibrant fintech ecosystem in India and assist in driving innovation in financial services.

ICICI Bank will give chosen new businesses arranged mentorship, ace classes and sped up potential chances to plan answers for business visionaries. The Bank will likewise give admittance to its Programming interface library.

The RBIH, an entirely claimed auxiliary of the Hold Bank of India, advances and works with development across the monetary area. The PIEDS, the beginning up cell of Pieces, Pilani, spends significant time in hatching, speed increase, and subsidizing for new companies.

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