Category: Accelerators

Axis Bank launches ‘Thought Factory’, a Fintech innovation lab

India: Axis Bank, India’s third largest private sector bank announced the launch of ‘Thought Factory’ an innovation lab facility aimed at accelerating the development of innovative technology solutions for the banking sector.

Inaugural AIA-Konica Minolta Digital Health Accelerator: Graduation Day

Singapore: The 8 health-tech start-ups participated in this first-ever Singapore based accelerator programme of its kind.

Start-ups get leg-up from SPH Plug and Play accelerator programme

Singapore: The media company has developed 16 media, advertising and e-commerce innovations through the SPH Plug and Play (PnP) boot camp over the past 18 months.

Barclays’ Rise accelerator programme to be run by Zone Startups in Mumbai

India: Zone Startups will be managing Barclays’ Rise accelerator programme in Mumbai. Rise is a global fintech innovation platform that Barclays’ recently announced it would be rolling out in India.

IIM-A’s start-up incubator to expand to Pune, Jaipur

India: After jointly setting up the region-focused Gujarat Accelerator last year in Ahmedabad, IIM-A’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) and SAP Labs are now planning to replicate it in Jaipur and Pune.

Swiss Re launches startup accelerator

India: Zurich-headquartered reinsurance major Swiss Re is setting up a first-of-its-kind insurancetech accelerator in Bengaluru to tap into Indian startups.

Oracle to launch first startup cloud accelerator in India

India: Oracle said its first startup cloud accelerator will launch in India, as part of a strategy to expand its base in the country and support the Prime Minister’s Digital India initiatives.

Singapore Power in tie-up for accelerator programme in energy sector

Singapore: SINGAPORE has established what is believed to be Asia’s first utility-led accelerator programme.
Singapore Power (SP) and Infocomm Investments Pte Ltd (IIPL) on Thursday introduced Spark Accelerator Pte Ltd, a joint venture to discover and accelerate startups in the energy sector.

OCBC enters fintech arena with Open Vault

Singapore: The Open Vault at OCBC, as the unit is known, will bring in fintech start-ups to use the bank’s database and interfaces to test and develop new ideas into solutions. It will focus on wealth management, credit and financing, insurance, cyber security and artificial intelligence.

Google Launches Equity-Free Accelerator Program For Mobile Startups In India, Brazil & Indonesia

India: Google has launched an accelerator program by the name Launchpad Accelerator to provide mentorship, training and support to mobile startups in India, Brazil and Indonesia.

UOB sets up innovation lab, explores crowdfunding

Singapore: Under this programme, some 30 fintechs will be offered up to S$30,000 of funding, a working space, software access, and mentorship from UOB bankers. Through each three-month cycle of building and pitching of products, 10-15 UOB staff are expected to take part.