Headquartered at GIFT City in Gandhinagar, The IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India.
About the Accelerator
Achieving Green FinTech, signifying the convergence of Financial Technology and Sustainability, is crucial for achieving environmental sustainability. The accelerator aims to support Green FinTech/Techfin startups in areas such as Green and Sustainable Financing, Green Investments, Impact Traceability, Disaster and Climate Risk Management, and Green Transition, among others.
The Green FinTech Accelerator 2.0 is a four-week, intensive hybrid programme tailored to support early-stage Green FinTech startups. This programme offers participants an opportunity to acquire a deep understanding of the FinTech industry, connect with Green FinTech experts, learn the fundamentals of innovative and scalable business models, and receive personalised mentoring. The accelerator will culminate in a demo day, wherein startups will pitch their ideas to FinTech investors for the next stage of funding.
Programme Offerings
Funding
Product development and validation funds of
up to INR 25,00,000*
Networking
Access to the VentureStudio Network of experts and FinTech Experts
Infrastructure
Access to regulatory resources of the International Financial Services Centres Authority (IFSCA)
Mentoring
One-on-one business mentoring and advisory support
*Subject to approval
Focus Areas
Early-stage Green FinTech/Techfin startups that are operating at the intersection of Financial Technology and Environmental Impact.
The following key use cases of Green FinTech offer a better understanding of its applications:
Who can apply
Indian startups capable of offering innovative Green FinTech/Techfin solutions can apply to become a part of the programme.
Programme Timeline
Application Deadline: August 15, 2024
Cohort Announcement: August 15, 2024
Start Accelerator: August 26, 2024
Demo Day: September 20, 2024
List of portfolio companies
Programme Partner
Headquartered at GIFT City in Gandhinagar, The IFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions in the International Financial Services Centre (IFSC) in India.
Ecosystem Partners
Wadhwani Foundation is a not-for-profit with the primary mission of accelerating economic development by driving job creation in India and other emerging economies through large-scale initiatives in entrepreneurship, small business growth, innovation, and skilling. Founded in 2000 by Silicon Valley entrepreneur Dr Romesh Wadhwani, today, the Foundation is scaling impact in multiple countries across Asia, Africa and Latin America, through technology, networks and partnerships.
GVFL Limited, formerly known as Gujarat Venture Finance Limited, is a pioneering venture capital company located in Ahmedabad, Gujarat, India. With a rich history spanning two decades, GVFL has successfully managed nine venture capital funds and provided crucial support to more than 105 companies, achieving significant returns through divestment from over 75% of its portfolio firms.
