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Savart Raises INR 4 Crore

The funds will be used to develop its AI-based investment-research algorithm
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Dhiren Chandaria , Jitendra Gupta , Yatra Angel Network , Hero Choudhary ,

NSRCEL-IIM Bangalore organises first-of-its kind Fintech Festival to celebrate success of incubation program with ICICI Securities


Jul 31, 2021
Last year, ICICI Securities joined hands with NSRCEL, by contributing its CSR funds to support promising startups in the fintech space through a structured program. Over 240 fintechs from all over the country applied for the programme. For a pre-incubation program, 25 firms were shortlisted, of which 10 underwent an intensive nine-month incubation journey. Today’s programme formally concluded the programme.
The success of the programme could be judged from the fact that during the last nine months even as they were undergoing the incubation programme, the 10 select fintech startups have cumulatively raised Rs 25 crore as VC/angel funding.
“These endeavours are crucial at this juncture to leverage benefits from the myriad opportunities available to make Fintech founders future-ready and generate more employment opportunities. By focusing on a particular area with support from highly qualified faculty, talented learners, and industry luminaries, we can c ....

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India Inc and startups laud Budget but await details


India Inc and startups laud Budget but await details
Here are some key reactions from India Inc and the startup ecosystem.
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Finance Minister Nirmala Sitharaman’s Budget 2021 regarded as one of the most critical in modern Indian history was welcomed by India Inc and Indian startup ecosystem stakeholders, who hailed it as a growth-oriented Budget.
Experts lauded the Budget’s focus on rejuvenating capital spending in crucial sectors to fuel demand and accelerate India’s “economic reset,” in the wake of the devastating impact of the COVID-19 pandemic on consumer demand and growth.
Image Credits: YS Design Team ....

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