News Update

India Accelerator collaborates with ICICI Bank and Infosys Finacle to promote the startup ecosystem in India

• ByStartupStory     |    January 3, 2023

The India Accelerator, a seed-stage accelerator programme, announced today the launch of the i3 Launchpad, a programme designed to nurture and co-innovate with India’s startup ecosystem. 

This was created in collaboration with ICICI Bank and Infosys Finacle, both of which are part of EdgeVerve Systems, Infosys’ wholly-owned product subsidiary.

 The i3 Launchpad’s goal is to support a community of entrepreneurs who are on a mission to create brands with global impact. 

It is intended to assist startups in accelerating their success by leveraging mentorship, resources, and opportunities provided by Infosys Finacle, ICICI Bank, and India Accelerator (IA). 

Speaking on this new initiative, Deepak Nagpal, Managing Partner, India Accelerator said in a statement, “Lack of guidance is one of the primary reasons why so many start-ups fail or are not able to carry out sustainable business for a longer period. This is where India Accelerator comes into play as the award-winning start-up accelerator, which has supported over 150 start-ups. Joining hands with Infosys Finacle and ICICI Bank will further add to our expertise. The i3 Launchpad program leverages the experience and strengths of India Accelerator, ICICI Bank, and Infosys Finacle in a structured manner to create meaningful and high-growth startups”.

Sajit Vijayakumar, SVP and COO, Infosys Finacle, said, “India has taken global leadership in fintech innovation. Yet, there is so much more to achieve to unlock the country’s full potential. As the preferred technology partner to over 60% of Indian financial institutions, we are constantly working with industry participants to Inspire Better Banking. This program is yet another important initiative in this pursuit. The collaboration will aim to help fintech startups fast-track their growth and impact.”

 

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