ISME ACE is hosting India's largest FinTech Accelerator for Startups. The aim is to foster creative collaboration by leveraging all elements of the FinTech ecosystem, and fuel next gen disruptive FinTech innovation. LTP and MEDICI are the innovation partners for the program.
The focus sectors of ISME ACE are as follows:
Startups will avail:
- Seed funding - $100,000 gross in cash with ~$33,000 program fee
- Access to financial services partner firms - Banks, Payment Banks/Wallets, NBFCs, Insurance Companies, Asset Managers, Wealth Managers, etc. - get them as clients or investors
- Technology - Cloud credits by leading tech giants
- Media exposure via program partners YourStory, BusinessWorld and general media
- Best in class CFO & legal support with respect to Indian market
- Investor network support - Indian Angel Network (IAN), TiE, LetsVenture
- Pertinent, need-based and focused mentorship support
- 4 months at ISME ACE campus in Lower Parel, Mumbai - financial hub of India. Workspace at AWFIS, a program partner, in Bengaluru, Mumbai (Andheri) and Gurgaon as well.
- Demo day - Pitch to full house of investors at the end of program for Series A
All for ~8% stake in your Company.
(Subject to negotiation for Startups that have already raised a funding round or have established significant scale)
Last date for application is 30th July 2017.
Incentives include seed funding of $100,000, access to financial services partner firms, focused mentorship, marketing, and technology support.