IIT Madras Incubation Cell partners with RBI Innovation Hub

IIT Madras Incubation Cell partners with RBI Innovation Hub

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Category : Miscellaneous Published 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.
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