The Incubation Cell of the Indian Institute of Technology (IIT) Madras has signed a memorandum of understanding (MoU) with the Reserve Bank of India (RBI) Innovation Hub to create a supportive ecosystem for start-ups in the field of financial technology (fintech).
Associating with RBI Innovation Hub, IIT Madras Incubation Cell will offer support and innovative solutions to the start-ups to accelerate their growth.
RBI Innovation Hub will be responsible for selecting the start-ups that will be co-incubated. These fintech companies will get operational and strategic guidance, mentoring and training by leadership and domain experts of RBI Innovation Hub and IIT Madras Incubation Cell.
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