Reserve Bank Innovation Hub and IIMA Ventures launch Swanari TechSprint 3.0 to support women-centric fintech startups in India, providing them with mentorship, grants and funding opportunities.
The program provides a platform for fintech innovators to conceptualize, develop and scale solutions that meet the unique financial needs of women.
The Reserve Bank Innovation Hub (RBIH) is a wholly owned subsidiary of the Reserve Bank of India (RBI).
This edition will offer a variety of strategic resources, mentoring, innovator grants and other financial support to selected startups creating women-centric financial products, a company release said.
The program invites applications from startups developing gender-inclusive financial solutions, particularly those with a proven MVP/product, in pre-seed to pre-Series A funding stages, or already generating revenue or traction .
“Financial inclusion is a fundamental pillar of India’s growth story, and Swanari TechSprint serves as a platform to identify and support innovators dedicated to meeting the unique financial needs of women.
“By driving innovation and empowering fintech startups, we aim to amplify effective solutions that not only improve women’s financial inclusion but also drive their economic empowerment,” said Aakarsh Naidu, Head of Fintech and startups at the Reserve Bank Innovation Hub.
Winners from previous cohorts of this program include startups like Kaleidofin, Merakal, Vitto, Anniyam Payment, MaksPay, Manipal Business Solutions, Sampatti Card, Haqdarshak and Agripal.
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