Frictionless Finance is an equity-free, 90-day accelerator by Reserve Bank Innovation Hub (RBIH), SPJIMR WISE Tech, and YES BANK, designed for growth-stage fintech startups.
By applying, you agree to our Terms & Conditions
Focus Areas
The programme aims to provide tailored support to startups in six key domains:
MSME Finance
Finance for Nano Entrepreneurs
Supply Chain Finance
Agri Finance
Climate Finance
Retail Finance
By applying, you agree to our Terms & Conditions
Programme Features
As part of the programme, get access to:
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Pitch Clinic
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Expert-led Masterclasses
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Networking Mixers
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Investor Demo Day
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Bespoke Mentorship
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Bank Demo Day
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Access to Bank APIs
By applying, you agree to our Terms & Conditions
Programme Timeline
A structured journey to empower and scale your fintech venture
Ready to shape the future of finance?Join us to drive fintech innovation in India!
Apply NowBy applying, you agree to our Terms & Conditions
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Application Phase12 December - 3 January, 2025 -
Selection and Onboarding1 January - 10 January, 2025 -
Acceleration Programme16 January - 28 March, 2025 -
Bank/ Investor Demo Day and Graduation Ceremony29 March - 19 April, 2025
Frequently Asked Questions
By applying, you agree to our Terms & Conditions
Terms and Conditions
- The selection of applicants for the programme will be at the sole discretion of the organisers. The organisers’ decision regarding the selection of applicants is final and cannot be appealed.
- Acceptance into the programme does not guarantee funding, or Pilot/POC opportunity with Banks.
- The organisers reserve the right to terminate an applicant’s participation in the programme if the applicant violates any terms and conditions or exhibits inappropriate behaviour.
- Participants are responsible for ensuring that their business complies with all legal and regulatory requirements.
- The organising institutions will not be held liable for any losses, damages, or expenses incurred by the applicants or participants during the application or incubation process.
- All issues and questions concerning the construction, validity, interpretation and enforceability of the terms and conditions, or the rights and obligations of the participants and organisers, in connection with the programme shall be governed by, and construed in accordance with the laws of India and the courts in Mumbai shall have jurisdiction over any action arising out of this programme, and the venue shall be Mumbai.
- The organisers reserve the right to alter/ amend/ modify any rules of any programme at any time without any notice whatsoever.
- All digital data or information provided in connection with the programme may be used (saved, stored, processed, transmitted and deleted) by the organisers in accordance with the Privacy Policy, which is hereby incorporated by reference into these event terms.
- You may access organisers’ facilities for the programme (the “Purpose”), and during such visits the organiser may disclose, or you may have access to, certain business or confidential information of the organiser (“Confidential Information”). You agree: (i) to use reasonable measures to maintain the Confidential Information in strict confidence; (ii) not to disclose the Confidential Information to any third parties; and (iii) not to use the Confidential Information for any purpose except the Purpose. These obligations will continue for five (5) years, except obligations with respect to organiser’s trade secrets will continue in perpetuity, and will not apply to the extent any Confidential Information is now or thereafter becomes generally known or available to the public, through no act or omission by you. You may make disclosures of Confidential Information required by law, regulation, or court order if you (A) send prompt written notice of the required disclosure and (B) cooperate, at the organiser’s expense, to prevent or limit the disclosure.
- By submitting the application, applicants agree to be bound by the latest version of the terms and conditions.
About Reserve Bank Innovation Hub (RBIH)
The Reserve Bank Innovation Hub (RBIH) is a wholly-owned subsidiary of the Reserve Bank of India, dedicated to leveraging technology and innovation to enable frictionless finance for a billion Indians. The RBIH works towards this mission through its four pathways: RBIH Build - developing in-house solutions when market solutions do not exist, RBIH Design - designing customer-centric processes and products, RBIH Incubate - nurturing fintech startups and the innovation ecosystem, and RBIH Insights - conducting in-depth research and analysis to shape financial innovation. By building bridges between various stakeholders in the financial ecosystem, RBIH fosters an environment of collaborative innovation to drive financial inclusion.
About YES BANK
YES BANK, headquartered in Mumbai, is the 6th largest private sector bank in India, offering a full range of financial services. The Bank’s focus on innovation and customer-centricity has positioned it as a key player in India’s digital banking landscape. At YES BANK, our dedicated startup-focused programme - YES HeadStartup is designed to empower startups with comprehensive solutions across Enterprise Banking, Personal Banking, Beyond Banking & Ecosystem Banking. We cater to their evolving needs & challenges at distinct stages of their journey—nurturing them from ideas to IPO.
Know MoreThe backbone of every business is sound financial management, and YES HeadStartup ensures that startups have access to banking solutions tailored to their unique needs.
- Customisable Current Accounts
- Revenue
based financing (CGSS)
- Payment
and Collection Ecosystem
- Trade
and Forex Support
The proposition recognises that financial well-being extends to the personal domain of entrepreneurs and their teams. For this end, YES BANK offers products such as Yes Private, YES First, YES Grandeur, YES Premia amongst others.
Acknowledging that startups need more than just financial assistance, YES BANK provides a host of value-added services to support holistic business development. YES CONNECT is a super platform for businesses that connects startups with industry experts and ecosystem via 30+ partners, 450+ APIs and 100+ solutions for the startups
A unique aspect of the YES HeadStartup Proposition is its ability to integrate startups into a broader ecosystem of partners, collaborators, and enablers. YES BANK has partnered with RBIH & SPJIMR WISE Tech for the Joint Accelerator Programme – Frictionless Finance.
About SPJIMR WISE Tech
SPJIMR WISE Tech is a platform for fostering innovation with purpose, combining entrepreneurial thinking with social responsibility. Focused on sustainability and fintech, WISE Tech supports startups and innovators addressing society’s critical challenges through practical and impactful solutions. With a mission to drive “Wise Innovation” the initiative blends SPJIMR’s academic strength and a commitment to conscious growth. By offering tailored programs, expert mentorship, and strategic partnerships, WISE Tech empowers entrepreneurs to create scalable and sustainable change.
Know MoreGot more questions?
Reach out to us at wisetech@spjimr.org We’re here to help!