As per ANI news report, GIFT City has invited applications for the second cohort of its Fintech Residential Programme, which is intended for early-stage fintech startups. According to an official release, the application process has begun and will remain open until 5 July.
The programme is open to startups at the idea stage, pre-product stage, minimum viable product (MVP) stage, and those undergoing early market validation.
The initiative will run for 6 months through the GIFT International Fintech Innovation Hub. Selected startups will spend the first 3 months at GIFT City under a residential format, followed by 3 months of virtual support.
During the programme, founders will receive guidance on product development, market validation, and business engagement. They will also have opportunities to interact with industry participants, regulators, and potential investors.
The programme covers areas such as cross-border finance, security, risk and compliance, Web3, blockchain infrastructure, GovTech and RegTech.
The Innovation Hub, set up in January 2025, functions as an incubation platform for fintech startups operating within India's International Financial Services Centre (IFSC).
It has worked with companies involved in cross-border payments, regulatory technology, compliance solutions, and digital asset infrastructure.
The first edition of the residential programme supported 11 startups through mentoring, product development support and investor outreach. Some startups associated with the Hub have also accessed the IFSCA FinTech Innovation Sandbox and Payment Service Provider licence framework available in the IFSC.
The Innovation Hub has set a target of supporting 250 fintech startups over the next four years as part of its incubation and acceleration activities.
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With applications now open, the second fintech cohort seeks to support startups across emerging financial technology segments through a combination of residential and virtual engagement over 6 months.
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Published on: Jun 11, 2026, 2:40 PM IST
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