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SwanariTM TechSprint 3.0 Launch By RBI’s Innovation Arm IIMA Ventures

The Reserve Bank Innovation Hub (RBIH) has teamed up with IIMA Ventures to launch SwanariTM TechSprint 3.0, a program aimed at supporting women-focused fintech startups across India. 

By Jitendra Das
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SwanariTM TechSprint 3.0 Launch By RBI’s Innovation Arm IIMA Ventures

The Reserve Bank Innovation Hub (RBIH) has teamed up with IIMA Ventures to launch SwanariTM TechSprint 3.0, a program aimed at supporting women-focused fintech startups across India. 

RBIH is fully owned by the Reserve Bank of India, and IIMA Ventures (formerly IIMA-CIIE) is an organization that supports early-stage startups by studying, educating, incubating, accelerating and investing in them.

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The third edition will offer resources, mentorship, grants, and funding support to selected startups creating financial products for women. 

The program is open to startups with a proven MVP/Product and pre-seed to pre-Series A funding or revenue traction. Applications are open to innovators from across India.

Aakarsh Naidu, Head of Fintech and Startups, Reserve Bank Innovation Hub, said, “By fostering innovation and empowering fintech startups, we aim to amplify impactful solutions that not only enhance women's financial inclusion but also drive their economic empowerment.”

Supriya Sharma, Partner - Insights, IIMA Ventures, said, “Women in India face persistent hurdles in accessing financial services tailored to their needs, despite advances in financial inclusion. The SwanariTM TechSprint is a call to action for fintech innovators to address these gaps, whether it is inactive bank accounts, limited savings options, or the struggle women entrepreneurs face in securing credit. This programme is about more than creating solutions, it is about driving material change.”

Previous winners of the program include Kaleidofin, Merakal, Vitto, Anniyam Payment, MaksPay, Manipal Business Solutions, Sampatti Card, Haqdarshak and Agripal.

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