NSRCEL, an incubation center promoted by the Indian Institute of Management Bengaluru (IIM-B), on Monday announced that nearly 25 shortlisted Fintech startups will be enrolled for a 15-month extensive program. Many of these lucky startups may even receive funding from the CSR fund of ICICI Securities – one of the leading financial services of India.
The selected startups will undergo a 3-month pre-incubation journey. This pre-incubation journey promises to be a great learning experience as startups will get to engage in various sessions, workshops and peer-to-peer learning activities. These startups will also receive regular one-on-one mentoring and advisory sessions while networking events, connects with industry experts, mock-pitches and interaction with investors will be major highlights of the program.
Once this program is duly concluded, the startups will be given an opportunity to pitch for incubation and funding. The selected startups will be then taken forward for a further 12-month incubation journey.
ICICI Securities had launched this noble initiative as part of its CSR activity in April 2020.
The 25 lucky startups selected for the 15-month extensive program hail from trading, lending, payments, wealth advisory, insurance tech and several other niche areas of the Fintech industry.
Below is complete list of the 25 fintech startups:
NSRCEL is an incubation hub located at the IIM-B. It brings together startups, industry mentors, eminent academicians from parent institution of Indian Institute of Management Bangalore. It claims to be among the first incubator with a program that has been tailored for social entrepreneurs and their unique challenges.