Category : MiscellaneousPublished on: March 22 2022
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The Incubation Cell of the Indian Institute of Technology (IIT) Madras has signed a memorandum of understanding (MoU) with the Reserve Bank of India (RBI) Innovation Hub to create a supportive ecosystem for start-ups in the field of financial technology (fintech).
Associating with RBI Innovation Hub, IIT Madras Incubation Cell will offer support and innovative solutions to the start-ups to accelerate their growth.
RBIH is a wholly-owned subsidiary of Reserve Bank of India. Rajesh Bansal is the CEO of RBI Innovation Hub (RBIH).
Select startups incubated at IITM Incubation Cell will be considered from time to time by RBIH for co-incubation and thereby receive strategic and operational guidance, training and mentoring sessions by RBIH leadership.
