TheNFAPost Podcast

Chennai, NFAPost: With an aim to boost the startup ecosystem, STPI (Software Technology Parks of India), in association with ELCOT (Electronics Corporation of Tamil Nadu Limited), has announced the launch of Start-up Pitch Fest for identifying eligible and innovative start-ups for FinBlue program, the Centre of Excellence, a first-of-its-kind incubation facility.

The programme aims to further strengthening India as the leader in FinTech industry by providing accessibility to technology, mentorship and more. Besides mentoring and technology support, the centre will also help start-ups gain access to a robust Fin-Tech ecosystem that consists of bankers, financial institutions, mentors, investors and a platform supporting GoToMarket strategy.

OmkarRai, Director General – STPI & Chairman of Governing council of FinBlue, said, “We are very happy and delighted to launch a dedicated Centre of Excellence for FinTech named as ‘FinBlue’ in Tamil Nadu. This is a part of STPI’s nationwide initiative to transform India into Software Product Nation capitalising on the strong IT Services Industries by providing an ecosystem in all the emerging technologies. FinTech being one of such emerging technologies in banking and financial services domain has been chosen as one of the priority domain for setting up a CoE at STPI Chennai.”

Arun Jain, Chairman and CEO, Intellect Design Arena & Founder Polaris, Chief Mentor of FinBlue said, “Globally, our products and services have been benchmarked for innovations and design. The creation of the Fin-Tech start-up ecosystem as a Centre of Excellence comes at the right time where we do believe that it has a potential to create and disrupt the FinTech technology by helping the start-up community to grow further. This earmarks the beginning of a new era in the Fin- Tech segment.”

Log onto https://finblue.stpi.in, to get more details regarding start-up pitch fest including eligibility criteria and information about all the stakeholders contributing to the Fin Tech ecosystem.

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