About

BRTSIF (Zone Startups India) is launching a RegTech Accelerator which is part-sponsored by DST, GOI in association with GIFT City. Regulators like IFSCA & SEBI have shown interest in partnering with this important initiative.

The RegTech sector has been gaining a lot of attention in India as well as globally. There has been a lot of interest expressed by not only the regulators in India but also enterprises and fintech ventures to address the growing need for accelerating process/workflow automation to reduce the cost of compliance, making the tech infra and systems secure and adopting cutting edge technology solutions to monitor, mitigate and prevent various kinds of risks plaguing the BFSI industr

Objectives

Deliver a RegTech (Regulation Tech and Supervisory Tech) focused cohort-based acceleration program for Indian Tech Startups

  • Provide startups access to the much-needed sandboxes/open APIs alongwith POCs/Pilots by BFSI regulators/corporate partners
  • Provide a platform for BFSI regulators, corporates and fintechs to in teract and work collaboratively and find implementable solutions (including use-case based)
  • Showcase our fintech innovation orientation and thought leadership
  • Precursor to the Global Fintech Hub establishment at GIFT City

Eligibility Conditions

  • Startups, Fintech ventures and software businesses which are incorporated and registered in India fulfilling the following criteria
  • Growth Stage Ventures having enterprise ready/customer validated solution
  • Early Stage Ventures - Exceptional POC/Prototype/MVP stage startups with available financial support for product/solution development

Timelines

Program Launch

Announcement about the program and also the application start date the program and also the application start date

01

March 28, 2022

Program Launch

Announcement about the program and also the application start date the program and also the application start date

02

5 Weeks starting April 8, 2022

Program Launch

Announcement about the program and also the application start date the program and also the application start date

03

5 Weeks starting May 15, 2022

Program Launch

Announcement about the program and also the application start date the program and also the application start date

04

10 Weeks starting June 19, 2022

Program Launch

Announcement about the program and also the application start date the program and also the application start date

05

August end

Key Takeaways for Startups

  • Access to regulatory sandbox and open APIs/systems from BFSI program partners
  • 50 hours of training/ workshop sessions and 101 mentorship
  • Cash prizes winners and award of POC Trials and Pilots by partners
  • Direct Entry to IFSCAs Fintech Incentive Scheme 2022 which can lead to an in-principle approval as a Fintech Entity
  • Business Support Services Credit/ Special offers providing total benefits of USD 25K per startup
  • Direct entry into ZSIs Capital Connexion & NIDHI SSS programs for fund-raising
  • Support in setting up an office in GIFT City Enterprise readiness evaluation from infosec/ legal structure perspective

Partners

Regulator Partners

Program Partners

Supporting Partners

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