BITS Pilani, RBI, and ICICI Bank Collaborate on a Fintech Accelerator Program for Startups; Check Details Here

New Delhi: Birla Institute of Technology and Science, Pilani (BITS Pilani), in collaboration with the Reserve Bank of India (RBI) and ICICI Bank, has launched a fintech accelerator program aimed at nurturing and supporting startups ‘FinXcelerator’.

BITS Pilani will provide participants, the cutting-edge technology infrastructure that will help participants test their fintech solutions. The 45-day accelerator program will provide selected startups with various services such as mentoring, personalized support, and opportunities for pilot projects with ICICI Bank and other corporate firms.

There will be Keynote sessions, panel discussions, networking meetups, and a demo day for startups to demonstrate their innovations to the investors and stakeholders. The online application window will be open till September 24, 2023. Following the submission period, the application will undergo assessment, and individual objectives will be created for each selected startup.

According to Rajesh Bansal, CEO, RBIH "We are pleased to collaborate with PIEDS-BITS Pilani and ICICI Bank for FinXcelerator. This endeavor will help drive innovation in financial services, thus paving the way for a vibrant fintech ecosystem in India".

ICICI Bank is set to offer curated mentorship, master classes, and accelerated opportunities to design solutions for entrepreneurs to the selected startups. API library access will be provided by the Bank. The RBIH, a wholly-owned subsidiary of the Reserve Bank of India promotes innovation across the financial sector. The PIEDS, the start-up cell of BITS, Pilani, specializes in incubation, acceleration, and funding for startups.

Also Read:

• BITS Pilani Placements

• BITS Pilani Cutoff 2022

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