ISME ACE
India's Largest FinTech Accelerator
About this Accelerator
ISME ACE is India's largest FinTech Accelerator, with an aim to incubate >100 Startups at our sprawling campus spread over 650,000 sq. ft.. ISME ACE is part of India's largest Innovation & Entrepreneurship Ecosystem, built in the heart of India's financial capital, Mumbai. It is conceptualized and designed to promote disruption in India's financial services sector, supported by a paradigm shift in demographics, visible in the form of increasing mobile & internet penetration, adoption of technologies such as AI & blockchain and government initiatives such as 'Aadhar' (social security), 'Jan Dhan' (bank accounts for all), 'Startup India' (slew of benefits to Startups), 'UPI' (centralized payment system), and biometrics (thumbprint based payments), among others.
ISME ACE - India's first FinTech ecosystem, has flagged off India's largest FinTech Accelerator.
Startups will avail:
1) Seed funding - $100,000 gross in cash with ~$33,000 program fee
2) Access to financial services partner firms - Banks, Payment Banks/Wallets, NBFCs, Insurance Companies, Asset Managers, Wealth Managers, etc. - get them as clients or investors
3) Technology - Cloud credits by leading tech giants
4) Media exposure via program partners YourStory, BusinessWorld and general media
5) Best in class CFO & legal support
6) Investor network support - Indian Angel Network (IAN), TiE, LetsVenture
7) Pertinent, need-based and focused mentorship support
8) 4 months at ISME ACE campus in Lower Parel, Mumbai - financial hub of India. Workspace at AWFIS, our program partner, in Bengaluru, Mumbai (Andheri) and Gurgaon as well.
9) Demo day - Pitch to full house of investors at the end of program for Series A
All for ~8% stake in your Company.
(Subject to negotiation for Startups that have already raised a funding round or have established significant scale)
Locations
- Mumbai, Maharashtra, India
Industries
Financial Services, Fintech , - show less