Indian startup ecosystem gains global recognition: Ashwini Vaishnaw
- IBEF
- April 22, 2022
Mr. Ashwini Vaishnaw, Minister of Railways, Communications and Electronics and Information Technology, stated that the Indian startup ecosystem has garnered global recognition and respect and urged startups and entrepreneurs to develop inclusive new-age solutions to improve the lives of the poor and marginalised. The strength of a trustworthy post office network may produce remarkable outcomes in terms of financial inclusion goals.
Fincluvation is a collaborative initiative between India Post Payments Bank (IPPB) and the Department of Posts (DoP) to cooperate with the fintech startup ecosystem to co-create and innovate solutions for financial inclusion. Startups are welcome to participate, develop, and market intuitive and personalised goods and services that can be taken to clients through this programme. Startups will be encouraged to provide solutions aligned with tracks such as creditisation, digitalisation, and any other market-led solution that will assist IPPB or DoP in serving the target clients.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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