With an aim to propel the growth of fintech startups in India, PayU and Amazon Web Services (AWS) have introduced InFINity 2.0, a comprehensive accelerator program. The initiative will offer up to $5 million in investment for each startup meeting the program’s criteria, with applications open until February 15, 2025.
The program, which will begin in March of next year, offers a 12-week hybrid format with in-person and virtual components. Participants will benefit from tailored masterclasses, expert mentoring and access to extensive distribution networks, aimed at equipping them with the tools needed to succeed in the dynamic financial sector.
InFINity 2.0 highlights PayU’s commitment to advancing India’s fintech ecosystem, with past support for high-impact startups like Fisdom and IndiaGold. The program leverages PayU’s payment solutions, Prosus’ investment expertise and AWS’ cloud technology to deliver innovative solutions to meet the financial needs of Indians.
(With input from agencies.)