What is i3 Launchpad?
Three influential organisations, India Accelerator, ICICI Bank & Infosys Finacle, have come to fuel the initiative i3 Launchpad to accelerate early-stage startup ventures.
India Accelerator is India's first Global Accelerator Network [GAN] backed institution to help startups realize their true potential by accelerating them into the next phase of growth. IA has accelerated over 150 startups since its inception in 2017 and has been recognized as the ‘Best Accelerator in India’ by the Government at the Startup India Awards, in acknowledgement of the groundbreaking work done over the past few years.
ICICI Bank Ltd (BSE: ICICIBANK, NSE: ICICIBANK and NYSE:IBN) is a leading private sector bank in India. The Bank’s total assets stood at ₹ 14,88,674 crore at September 30, 2022.
Infosys Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better.
About the Program
The confluence of India Accelerator, the experience of accelerating 150+ startups; ICICI Bank, a leading private sector bank in India; and Infosys Finacle, an industry leader in digital banking solutions has brought a program with a special focus on enabling strategic partnerships, mentor guidance and market access by leveraging corporate collaboration and connections.
The objective of the i3 Launchpad program is to have a structured path to traction, business development and fundraising by providing all the ingredients in one place. i3 Launchpad, takes place twice a year, with each cohort targeting to include 12 to 18 startups for the program duration of 4 months. Let’s accelerate your startup with i3 Launchpad!
The targeted sectors/focus areas for Cohort 1 are FinTech.
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Frequently Asked Questions
You can apply through our application form. After our due diligence, we will get back to you!
We follow a structured approach for identifying startups which we believe have the potential to grow exponentially and solve real problems. We also look at the industry (must be in the provided sectors/focus areas) that your startup operates in, the market readiness of your technology product and vision planning for your future growth. As part of the assessment process, we evaluate and take feedback from relevant subject matter experts, and our selection committee members to help make sure we are accepting the right startup.
We provide investment support and offer you the right investor connections for funds by leveraging our network of VCs, Micro VCs, PEs, IBs and Angel Networks. With it, we also ensure that you are trained and confident in terms of investor preparedness, deal flow, and compliance-ready for your funding.
We cater to every service required by your start-up to be launched successfully in the market. Including exceptional technical services, digital marketing, legal, financial, nice co-working spaces, meeting rooms, and super-fast and reliable wireless internet access the norm. Other perks list includes AWS credits, Zoho, Sendgrid, Lawyered, Google Cloud credits and a host of other credits of up to 1 million.
We want to be viewed as a co-founder. In a nutshell, we don’t want any special or controlling interests in your company. We won’t ask for a board seat or any uncommon investor rights. You are the boss and will continue to run the show. We just want to be the enabler to your success, to provide you with the escape velocity needed to be launched successfully!
You can reach out to us with your concerns at [email protected] and we will get back to you.