February 21, 2024
The Digital Fifth (TDF), a fintech consulting agency, mentioned it has launched a flagship accelerator programme for early-stage startups within the banking, monetary providers and insurance coverage (BFSI) sector. The startups might be mentored from consultants at TDF and in addition allowed to current to potential buyers at an upcoming summit.

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TDF mentioned they’ll have the ability to garner curiosity from buyers and safe funding for his or her operations.

“With the accelerator programme, our intention is to nurture upcoming startups with our information of the BFSI sector and assist them with their lift-off. The programme is designed to make sure boundless networking alternatives in a clear method,” mentioned Sameer Singh Jaini, founder and chief government officer of The Digital Fifth.

The primary batch of startups to be groomed below the accelerator programme might be introduced in February on the Bharat Fintech Summit.

Startups within the accelerator programme will get unique entry to TDF’s community of banks, monetary providers and different fintech firms as required serving to them of their subsequent step to progress and scale up.

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Jaini mentioned {that a} cohort of about 10 startups might be chosen within the maiden batch primarily based on a radical evaluation of their enterprise mannequin. The programme may have a key give attention to enterprise fintechs offering potential options tailor-made to massive establishments within the BFSI business.These chosen will profit from private mentorship from main business practitioners within the type of TDF’s consulting workforce and have an opportunity to current product demos to buyers on the summit. They’ve the chance to boost Seed to Collection A funding on the summit.

TDF mentioned its accelerator programme will assist the nation’s burgeoning variety of startups within the BFSI phase. Established in 2017, the agency is a consulting agency for banks, non-banking monetary firms, wealth administration, mutual funds and insurance coverage sectors.