Startupbootcamp, the global network of industry-focused financial technology (fintech) startup accelerators, has announced the launch of its Startupbootcamp FinTech programme in Mumbai. Following similar programmes in London, Singapore and New York, the evolution of the FinTech program to Mumbai ensures coverage of the three main FinTech hubs around the world and now the fastest growing economy. Startups can apply to be part of the program from 28 September 2016, with the accelerator beginning in the early part of 2017.
India’s multinational ICICI Bank, as a founding institution, will mentor the winning companies, help them enhance their business plans and products. As a part of the partnership, the bank will also pick up equity stake in these companies.