Partnership · Professional & Local Services

NSRCEL partners with HDFC Bank Parivartan for fintech startups

What they do

NSRCEL is the startup incubator at IIM Bangalore

It partnered with HDFC Bank Parivartan to support 10 fintech startups with grants and mentorship

The initiative is run through NSRCEL's Fintech Centre of Excellence backed by the Karnataka government

NSRCEL, the startup incubator at IIM Bangalore, has partnered with HDFC Bank Parivartan, the bank's CSR initiative.
The partnership will support fintech startups through NSRCEL's Fintech Centre of Excellence (CoE).
The CoE is backed by the Government of Karnataka.
10 startups were selected for grant support under the HDFC Bank Parivartan Programme.
The selection followed an open call and joint evaluation by NSRCEL and HDFC Bank.
17 startups presented at a Demo Day before the final shortlist.
The selected startups are: Entitled, Dhiway, Finsall, PropLegit, Lark Finserv, INKA, ValuEnable, GreenFi, Xaults, and Saventh.

The partnership aims to help fintech startups transition from experimentation to sustainable growth.
It also aims to contribute to financial inclusion in India.
The Fintech CoE focuses on areas like MSME financing, central bank digital currencies, embedded finance, wealthtech, and AI-led financial services.

NSRCEL is the startup incubator and entrepreneurship centre at IIM Bangalore.
It supports early- and growth-stage ventures across various sectors.
Its Fintech Centre of Excellence focuses on fintech startups in lending, payments, insurance, wealthtech, regtech, and embedded finance.
The CoE also runs a Fintech Clinic that brings together startups, regulators, financial institutions, and technology firms.
NSRCEL provides mentorship, access to regulators and industry leaders, investor introductions, and guidance on scalability and market readiness.

The programme includes regular progress reviews and outcome-based support tailored to each startup.
The partnership aims to help startups transition from experimentation to sustainable growth.
It also aims to contribute to financial inclusion in India.