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Financial inclusion is a method of offering banking and financial services to all the individuals in a country. It aims to include everybody in the society by giving them basic financial services regardless of their income or savings. It focuses on providing financial solutions to the economically underprivileged. Financial inclusion strengthens the availability of economic resources and builds the concept of savings among the poor. Financial inclusion is a major step towards inclusive growth. It helps in the overall economic development of the underprivileged population. In India, effective financial inclusion is needed for the uplift of the poor and disadvantaged people by providing them with the modified financial products and services. With the introduction of financial technology or fintech, financial inclusion is improving extensively across the whole world. India also has many fintech companies that are constantly working towards simplifying the process of providing financial services to prospective clients. Fintech is revolutionizing the accessibility of financial tools for individuals worldwide. Beyond the convenience of mobile money, fintech has opened new avenues in crucial sectors such as cross border transfers and government-to-individual payments. By leveraging technology, fintech is breaking down barriers and enabling greater financial inclusion. This is a one year incubation program by IIMK LIVE targeted to support startups enabling financial inclusion in the country.

Supporting Partner

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Offerings

HDFC: Text
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HDFC: Image

Eligibility

1. Your startup is registered and based in India.
2. Your product/solution enhances financial inclusion in the country.
3. Your innovative product / solution is at minimum viable product stage and above.

4. Start-ups with early traction in terms of customers and revenue will be given preference.

HDFC: About

         Funding Support


- Seed Grants Up to Rs.15 lakhs

- Early stage seed funding support up to Rs. 50 lakhs per startup under Startup India Seed Fund Scheme
- Scale up funding support up to Rs. 50 lakhs per startup
- Opportunity to pitch to angel/VC investors as part of annual startup investor meet ‘Start-O-Sphere’

The Mentors

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Prof. Ashutosh Sarkar

Executive Director - IIMK LIVE,

Faculty Member - IIM Kozhikode
Quantitative Methods and Operations Management

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Prof. Mridul Kumar Saggar

Professor of Practice, 
Faculty Member - Economics, IIM Kozhikode

EX - Executive Director, Reserve Bank of India (RBI)

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Prof. Abhilash S. Nair

Faculty Member, IIM Kozhikode 
Finance Accounting and Control

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CTO , Head - FinTech Department - IFSCA

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 Mr. Ajay Kelkar

Leadership Coach, 
Co-Founder - Hansa Cequity, Ex- 
CMO & Senior Vice President CMO & Senior Vice President
HDFC bank

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Mr. Amit Aggarwal

Senior Vice President , Sales & Business Development  - Algonomy

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Industry Expert, Entrepreneur, Founder & General Partner at GrowthCap Ventures

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Prof. G. Sridhar

Faculty Member - IIM Kozhikode,
Marketing Management

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Prof. Jijo Lukose P. J.

Faculty Member - IIMK Kozhikode, Finance, Accounting & Control

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Prof. Keyoor Purani

Faculty Member - IIM Kozhikode
Marketing Management

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 Mr. Nilay Pratik

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Mr. Rajesh Kumar

Co-Founder & CEO - 
Kalvium

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Prof Rajesh S. Upadhyayula

Faculty Member - IIM Kozhikode, Strategic Management

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Mr. Revant Bhate

Chief Executive Officer - Mosaic Wellness

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Mr. Sandro Stephen

Ex - Vice President -
Indian Angel Network

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Vice Chairman - FusionAIx

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Mrs. Sheeba D Mello

Principal,
Axilor Ventures

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Mr. Ashutosh Singh

Founder - Yayy! Naturals

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Head,Payments Business -
Amazon Pay

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Mr. Tarun Agarwal

Global Business Head - HCLTech

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Mr. Ram Kartha

Venture Capitalist, Growth Expert, General Partner

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Prof. Aswin Alora

Faculty Member, IIM Kozhikode
Finance, Accounting & Control

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Prof. Sony Thomas

Faculty Member - IIM Kozhikode
Finance, Accounting & Control

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Prof. Qambar Abidi

Faculty Member - IIM Kozhikode
Finance, Accounting & Control

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Prof. Nemiraja Jadiyappa

Faculty Member - IIM Kozhikode
Finance, Accounting & Control

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Prof. Rachappa Shette

Faculty Member - IIM Kozhikode
Finance, Accounting & Control

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Mr. Jithesh P. V.

Vice President & Head Digital at Federal Bank

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Mr. Jithin Sreedhar

Banking Partnerships & Payment Management - MyGate

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Co-Founder at Zopper
IIMK Alumni

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Prof. Kamal Kishore Sharma

Professor of Practice - IIM Kozhikode
Strategic Management

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Faculty Member - IIM Kozhikode
Marketing Management

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CEO and Founder - Datawrkz

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Digital Marketing and Customer Lifecycle Management Expert

Apply now

Apply before 29 February, 2024
Use the project code G0243 and select the incubator as IIMK LIVE while applying under this program.

HDFC: About

For enquiries

Write to us at enquiry@iimklive.org or call 04952809669 during office hours

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