Chennai-based TVS Credit and Mumbai-based Zone Startups India, are joining hands to launch ‘FinDhan’, a year-long multi-format startup engagement program to work with fintech and enterprise tech startups.
Under this programme, TVS Credit will be working with startups and look to engage over niche as well as broad areas critical to financial services, such as underwriting, collections, customer/dealer management, people management, new product development, operations, and Robotic process automation (RPA).
Zone Startups, a market leader in designing curated corporate innovation models, will be operating the programme – and engage on a series office hours, demo days, industry nights, innovation challenges and hackathons, with an aim to drive deeper engagement between the fintech and startup ecosystem, and the leadership team of TVS Credit.
“FinDhan is a great opportunity for FinTech, and other emerging technology companies catering to the financial services industry, to engage with a market leader in TVS Credit. We call this a hybrid model accelerator, which offers TVS Credit a series of multi-format engagements with the external innovation ecosystem, built over a year. There has been a lot of thought process put into designing this model, from varied business units within TVS Credit, and to have that kind of buy-in and engagement from the leadership is a great start in itself,” says Ajay Ramasubramaniam, Director (India), Zone Startups.
“India is one of the world’s largest markets for financial services. It is also the country where the adoption and usage of new technology has cut across all barriers of geography, language and social strata. It is therefore quite clear to us that, to become a leader in financial services, our tech initiatives need to be one step ahead of the pack, always. We couldn’t have imagined a better partner than Zone Startups to help us find the right solutions for our business challenges and implement them smoothly. I look forward to a long relationship, filled with ideas and innovation,” says Venkatraman G, Chief Executive Officer, TVS Credit.
The coming together of two well-known names in their respective verticals will work as a great an opportunity for the startups on-boarded through the FinDhan programme to gain insights from the senior leadership team at TVS Credit – a market leader in its domain, as well as a chance to engage on pilot opportunities, to explore strategic business opportunities with the Company.
