Tech start-up incubator T-Hub has chosen 10 start-ups for its fintech accelerator.
The Nationwide Funds Company of India (NPCI) and the Division of Science and Know-how (DST) will assist start-ups in scale-up alternatives and go-to-market methods.
Launched final yr in affiliation with NPCI, which drives digital funds ecosystem within the nation, and DST.
“We shortlisted 20 start-ups from over 150 applications that we received from across the country. After further funnelling, we selected the final 10 start-ups for the programme,” Ravi Narayan, Chief Government Officer of T-Hub, has mentioned.
Among the shortlisted start-ups included Stackbox Providers Non-public Restricted (fee system in logistics sector), AShield Applied sciences (cyber safety for funds), Chitmonks (blockchain-based product for chit fund firms), and Param Community India (blockchain answer for e-invoicing).
The choose start-ups can have entry to NPCI retail funds APIs for product growth and T-Hub’s community of mentors, business consultants, buyers and repair suppliers.
They will even get entry to NPCI’s API Sandbox portal to develop fee merchandise.
“Owing to the current pandemic, there has been a fundamental slowdown of transactions at all levels. We consider this an opportunity not only to support these deserving startups but also to ensure all the stakeholders in the fintech space see the innovations through this programme,” he mentioned.
Might 24, 2020
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