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SPJIMR hosts Demo Day for the second cohort of FinNovate Accelerator

September 4, 2024

SPJIMR successfully hosted the Demo Day for the second cohort of its FinNovate Accelerator in Mumbai, which was held alongside the Global FinTech Fest (GFF). The event featured eight start-ups across sectors like lending tech, AI, wealth tech, and agri-finance. It marked the culmination of an intensive four-month programme aimed at accelerating early-stage start-ups in finance, offering them a platform to pitch their innovations to a select group of angel investors, venture capitalists, family offices, and corporate investors. This exposure allowed the start-ups to engage directly with key stakeholders, enhancing their visibility and funding opportunities.

More than 25 institutional investors actively participated, including ah! Ventures, Artha Ventures, DIFC Fund, Dynamic Ventures, Ecosystem Ventures, Equanimity Investments, ICICI Lombard, Ignis Capital (Centrum), IIFL, Indian Angel Network, Pentathlon Ventures, Piper Serica Angel Fund, Venture Catalysts, Unity, and others. The investor jury awarded KrishiFin the title of best pitch, followed by India Data Hub and Hyrgpt as the second and third runners-up. Other start-ups presenting included CashnTech, Dhanshakti, FundDo, Mira Money, and Photonfin.

“Each start-up that joins our five-month FinNovate Accelerator programme receives over 150 hours of focused mentorship from our CXO mentors and leadership team. This deep engagement is the cornerstone of our approach, delivering transformative results. By the end of the programme, each start-up gains strategic clarity and a stronger foundation to scale effectively,” said Manoj Mohan, SPJIMR WISE Tech Executive Director and Programme Head of SPJIMR FinNovate Accelerator.

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