Bengaluru, June 8 (PTI): NSRCEL, the startup hub at the
Indian Institute of Management, Bengaluru (IIMB), on Monday
announced a list of 25 shortlisted fintech startups for a 15
-month extensive programme.
The programme could see many of them receiving funding
from the CSR fund of ICICI Securities, a leading financial
services firm.
The selected ventures would undergo a three-month pre-
incubation journey during which they would be engaged in
sessions, workshops, peer-to-peer learning activities while
getting regular one-on-one mentoring and advisory sessions,
a joint statement from NSRCEL and ICICI Securities said.
Networking events, connects with industry experts,
mock-pitches and interaction with investors would be the
highlights of the programme, the statement said.
After this, the ventures would be given an opportunity to
pitch for incubation and funding and the selected ventures
would be taken forward for a further 12-month incubation
journey, it said.
The initiative was launched in association with ICICI
Securities as part of its CSR activity in April 2020, and
got over 240 applications from across the country, the
statement said.
COO of NSRCEL Rajiv Sawhney and its chairperson Venky
Panchapagesan evaluated the applicants and interviewed over
60 entrepreneurs before handpicking the finalists.
The ventures selected are early-stage startups working in
areas like trading, lending, payments, wealth advisory,
insurance tech, accounting and financial management, billing
software and auxiliary sector-logistics. The cohort covers
the participants from Bengaluru, Pune, Mumbai, Gurgaon,
Raipur, Noida, Udaipur and Hyderabad, the statement added.
PTI GMS
NVG NVG
Indian Institute of Management, Bengaluru (IIMB), on Monday
announced a list of 25 shortlisted fintech startups for a 15
-month extensive programme.
The programme could see many of them receiving funding
from the CSR fund of ICICI Securities, a leading financial
services firm.
The selected ventures would undergo a three-month pre-
incubation journey during which they would be engaged in
sessions, workshops, peer-to-peer learning activities while
getting regular one-on-one mentoring and advisory sessions,
a joint statement from NSRCEL and ICICI Securities said.
Networking events, connects with industry experts,
mock-pitches and interaction with investors would be the
highlights of the programme, the statement said.
After this, the ventures would be given an opportunity to
pitch for incubation and funding and the selected ventures
would be taken forward for a further 12-month incubation
journey, it said.
The initiative was launched in association with ICICI
Securities as part of its CSR activity in April 2020, and
got over 240 applications from across the country, the
statement said.
COO of NSRCEL Rajiv Sawhney and its chairperson Venky
Panchapagesan evaluated the applicants and interviewed over
60 entrepreneurs before handpicking the finalists.
The ventures selected are early-stage startups working in
areas like trading, lending, payments, wealth advisory,
insurance tech, accounting and financial management, billing
software and auxiliary sector-logistics. The cohort covers
the participants from Bengaluru, Pune, Mumbai, Gurgaon,
Raipur, Noida, Udaipur and Hyderabad, the statement added.
PTI GMS
NVG NVG
Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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