NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Wednesday, February 1, 2017

FinTech is at the forefront of the transformation in the financial industry and is changing the way value and ownership is exchanged, the risk is managed and transactions are performed. While this transformation is taking place across the globe, India’s growing economy and large and under-tapped consumer base provide a significant opportunity for innovation in the sector.

Startupbootcamp FinTech, the world’s leading accelerator for FinTech startups, has announced the 10 startups that are set to join their inaugural program in Mumbai.

These start-ups will receive access to leading financial corporates in India who will provide the finalists with access to pilot customers, industry data, APIs and integration support.

Each of the teams will receive 15,000 and three months free office space in Lower Parel, at the startup hub ‘Garage’ by Jetlabs. After three months intense acceleration, the teams will present their companies to over 500 investors and industry experts at Demo Day, ready to raise capital and grow their businesses. Postthis, the startups will continue to be supported by the Startupbootcamp Global alumni growth program, that supports over 400 startups worldwide.