FinTech Centre
of Excellence
In Partnership With
FinTech Centre of Excellence (CoE) supported by the Karnataka Government and implemented by NSRCEL, IIM Bangalore is more than a hub for financial innovation- it’s a comprehensive platform fostering collaboration across sectors that complement and enhance the FinTech ecosystem. By integrating diverse industries, the CoE aims to create scalable solutions addressing both India’s unique challenges and global opportunities.
Key Initiatives
Fintech Startup Incubation Program
A 3-6 month program offering mentorship, infrastructure, and networking opportunities for startups
Skill Development
Programs
Two 6-month online courses to upskill professionals in areas like blockchain, digital payments, and lending
Accelerate Your Fintech Vision
Are you an entrepreneur building a fintech venture? NSRCEL’s Fintech Startup Incubation Program, in partnership with the Department of Electronics, Information Technology, Biotechnology, and Science & Technology, Government of Karnataka – is here to help you build a high-growth, sustainable business.
Selection Criteria
Phase 1- Fintech Clinic
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A focused 2-day initiative for fintech startups to engage in 1-on-1 sessions with regulators, potential partners, and industry experts.
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Startups will receive tailored guidance on key areas such as go-to-market strategy, compliance etc.
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These sessions will help us evaluate each startup’s stage, growth potential, and the specific challenges they’re navigating.
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High-potential fintech startups will be shortlisted to be part of the larger program based on these insights.
(Tentatively scheduled for 1st week of May 2025)
Phase 2- Fintech Startup Incubation Program
- The selected startups from the Fintech Clinic will enter a 3–6 months program for deeper engagement.
- This program is designed to help startups achieve sustainable revenue, build scalable, compliant business models.
Sectors In Focus
Who is eligible to apply?
Incorporated In India
Post-MVP, Market Ready
Revenue Generating with Seed Funded
Existing Customer Base
What to expect?
Access to Domain Experts
Mentors, industry experts, and professionals from diverse fields guide startups, fostering skill development and steering ventures towards success
Need Assessment
Thorough analyses to uncover distinctive hurdles providing targeted solutions to overcome their bottleneck
Guidance on Regulations
Expert interventions that simplify and make accessible the complexities of navigating regulatory landscapes. Connections to regulatory sandboxes may also be made where ever possible.
Mentoring
Access to mentoring support from subject matter experts, industry veterans, policy analysts, and CEOs/entrepreneurs within the relevant domain
Investor and Corporate connects
Tailored investor engagement in the demo day and personalized portfolio support throughout the fundraising journey and developing partnerships.
Meet Our Ventures
Co-Incubation Partner
Frequently Asked Questions
Who is eligible to apply?
MVP ready: Must have a fully developed product that’s ready to go to market.
Traction: Should already have some traction in the areas of Customers, user base or product offering.
Location: Indian Startup
Sector: Fintech and allied areas
I have applied in the past for a different program. Can I apply again?
Sure, but to improve your chances of selection, do highlight additional information on the progress you have made since your previous application.
When can I apply?
You can register your interest throughout the year. Applications are live now.
What does NSRCEL expect from you?
We expect you to be an active participant in all the efforts we put into nurture your venture.
What is the duration of the Incubation?
The cohort lasts for 3-6 months but it does not end there, you will then be a part of our NSRCEL community
Does the program focus on specific sectors?
YES, we consider applications from only the Fintech sector.
How much does it cost to apply or participate in the program?
The program is free of cost and no equity is taken from the startups. The program is fully supported by NSRCEL.
Does the program focus on specific geographies?
We consider applications from across all geographies registered in India.
My question is not answered here, where can i reach out?
You can reach out to us at fintech.coe@nsrcel.iimb.ac.in