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

Tuesday, April 25, 2017

As part of its attempts to encourage entrepreneurship in the financial market space, Japanese financial major Nomura has launched its ‘Voyager -Nomura FinTech Partnership’ in India.

The global financial major is inviting entrepreneurs to participate in the program to build innovative solutions for capital markets and investment banking that can be deployed across the firm and financial industry, said a statement issued by the company.

To achieve this, it has set up Nomura Innovation Centre (NICe) at Powai in Mumbai to provide a platform to start-ups that will be selected for the Voyager program.

Speaking on the initiative, R K Rangan, President & CEO, Nomura Services India, said: “New technology, supported by an innovation-driven ecosystem, has resulted in an environment of increasing collaboration between new and traditional market players. Building on this momentum, Voyager is a program for start-ups to engage with Nomura to drive innovation through its global network.”

As per the statement, working at NICe will enable entrepreneurs to access Nomura resources and test their concepts and solutions leveraging the firm’s people, processes and technology. The partnership could lead to start-ups potentially gaining Nomura as a client and/or an investor and obtaining global exposure.