Finway Accelerator to Invest Rs 100 Crore to Boost India's Startup Ecosystem

Finway Accelerator, part of Finway (an RBI-registered NBFC), plans to invest ₹100 crore over the next three years to support the growth of India’s startup ecosystem.

The accelerator will focus on innovative, high-potential startups in various sectors. It will support companies at the seed, early, or growth stages with valuations below ₹100 crore.

Finway Accelerator has previously invested in startups such as Sprout Studio (animation and VFX), Zeleno (sustainable recycling), Cosmetofood (organic cosmetics), and Zebra Learn (an edtech startup featured on Shark Tank India).

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Rachit Chawla, CEO and Founder of Finway Accelerator, said, “We at Finway Accelerator believe that India's next wave of economic growth is going to be driven by innovative startups that are scalable. Our Rs 100 crore investment plan involves much more than funding; it is about creating an enabling ecosystem whereby founders are empowered to translate their ideas into impactful businesses.”

Anand Singh, Co-founder of Finway Accelerator, said, “Our goal is to find and support early-stage entrepreneurs who are making significant contributions to society and the environment in addition to developing successful businesses. We hope to advance concepts that balance innovation and responsibility through this Rs 100 crore project, assisting India's startup ecosystem in developing inclusively and sustainably.”

“At Finway Accelerator, we believe that a vision for scalability, strategic capital allocation, and effective mentoring are the keys to long-term success in the startup market. This investment strategy represents our dedication to supporting entrepreneurs with potential and purpose, assisting them in developing from concepts to organizations that will shape India's entrepreneurial future,” said Akshay Kapoor, Co-founder of Finway Accelerator.

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