Bengaluru, May 18, 2026: NSRCEL at Indian Institute of Management Bangalore, through its Fintech Centre of Excellence (CoE) supported by the Government of Karnataka, has partnered with HDFC Bank Parivartan to support startups working on financial inclusion and fintech innovation in India.
The initiative focuses on early- and growth-stage fintech ventures developing solutions across lending, payments, insurance, wealthtech, regtech, embedded finance and related sectors. The collaboration combines grant support with mentorship and ecosystem access to help startups improve market readiness and strengthen business fundamentals.
Following an open call and joint evaluation process by NSRCEL and HDFC Bank, 10 startups were selected during the Demo Day event to receive grant support under the HDFC Bank Parivartan Program. The selected startups are Entitled, Dhiway, Finsall, PropLegit, Lark Finserv, INKA, ValuEnable, GreenFi, Xaults and Saventh.
Speaking on the initiative, Anand Sri Ganesh said, “Fintech has the power to meaningfully expand financial access and resilience in India-but only when innovation is grounded in real, measurable outcomes. Through this partnership with HDFC Bank, NSRCEL’s Fintech Centre of Excellence is deploying CSR capital to help emerging fintech startups move beyond pilots to market adoption. Our focus is on enabling founders to build market-ready, compliant, and scalable solutions that address critical gaps across India’s financial landscape.”
In addition to grant support, participating startups will receive expert guidance, access to industry leaders and regulators, founder mentoring and introductions to investors and ecosystem partners. The programme also includes regular progress reviews aimed at supporting business growth and scalability.
The Fintech Centre of Excellence at NSRCEL aims to strengthen India’s fintech ecosystem with a focus on areas such as MSME financing, central bank digital currencies (CBDCs), embedded finance, wealthtech and AI-led financial solutions. Through initiatives like the Fintech Clinic, the CoE brings together startups, regulators, BFSI institutions and technology companies to address emerging opportunities and challenges in the sector.
The organisers said the initiative is intended to help startups move from experimentation to sustainable business growth while contributing to broader financial inclusion and innovation in India’s financial services sector.
