top of page

India Partners with ADB for $23 Million Fintech Education and Innovation Boost in Gujarat


Gujarat International Finance Tec-City
Image Credits: GIFT CITY

In a significant move to elevate India's fintech ecosystem, the Government of India and the Asian Development Bank (ADB) have inked a $23 million loan agreement. This ambitious project is set to revolutionize fintech education, research, and innovation within the Gujarat International Finance Tec-City (GIFT City). The collaboration marks a strategic endeavor by the Government of India and the State Government of Gujarat to propel GIFT City as a hub for financial services and fintech innovation.

The pact was signed by Ms. Juhi Mukherjee, representing the Government of India's Ministry of Finance, and Mr. Rajesh Vasudevan from ADB's India Resident Mission. The funding is earmarked for the creation of the International Fintech Institute (IFI), aiming to fortify fintech education and augment the success rate of startups, alongside fostering research and innovation in the sector.

The IFI stands as a testament to the collaborative efforts towards enhancing the fintech landscape, with plans to partner with globally renowned institutes and universities. It promises to deliver industry-aligned training programs that adhere to international standards. Focusing on innovation and entrepreneurship, the IFI is committed to nurturing startups, with special emphasis on women-led ventures, by offering essential incubation and acceleration services. Furthermore, it will seek active collaboration with the industry and venture capital funds to bolster the growth of fintech startups.

The initiative is expected to unlock new employment opportunities, increase workforce competitiveness, and boost productivity in emerging and green technologies. ADB's backing will also facilitate research into cutting-edge solutions and technologies across climate fintech, regulatory tech, social inclusion, and gender equality within finance. Additionally, the project will aid in developing a state fintech readiness index and crafting innovative solutions to harness emerging technologies, heralding a new era of fintech excellence in India.

Comments


Top Stories

Advertise Now (1).png
Live: China Imposes 34% Tariffs on U.S. Goods | Foreign Ministry Briefing | Trade War

Live: China Imposes 34% Tariffs on U.S. Goods | Foreign Ministry Briefing | Trade War

Beijing, China — The Chinese Foreign Ministry holds its daily press briefing after announcing a sweeping 34% retaliatory tariff on all U.S. goods effective April 10. Watch for updates on China’s military drills near Taiwan, South China Sea tensions, Indo-Pacific security, Israel-Gaza conflict, and U.S. strikes in Yemen. #China #USChinaTensions #SouthChinaSea #Taiwan #IndoPacific #GazaCrisis #YemenStrikes #TradeWar #Geopolitics #PressBriefing Amaravati Today is a news channel that provides the latest updates on world affairs and sports events. It covers a wide range of topics, including international politics, major global incidents, and sports highlights #WorldNews #GlobalInsights #AmaravatiToday #News #InternationalNews #GlobalNews #Politics Subscribe to the Amaravati Today channel and tap the bell icon to receive notifications whenever we go live https://www.youtube.com/@Amaravati_Today_Official Follow Amaravati Today on x or Twitter: https://x.com/amaravati_today Follow Amaravati Today on Facebook: https://www.facebook.com/amaravatitoday Follow Amaravati Today on Instagram: https://www.instagram.com/stories/amaravatitodayofficial/ Follow Amaravati Today on Rumble: https://rumble.com/user/Amaravatitoday Follow Amaravati Today on Linkedin: https://www.linkedin.com/company/amaravati-today/ Follow Amaravati Today on WhatsApp: https://www.whatsapp.com/channel/0029VaHWoNe5q08TF4NFKv3d Website: https://www.amaravati.today/ Source: Reuters
Live: Tokyo Stock Market Closes Amid Global Recession Fears | Asia Markets reaction to Tariffs
47:39

Live: Tokyo Stock Market Closes Amid Global Recession Fears | Asia Markets reaction to Tariffs

The Tokyo Stock Exchange ends the day with investor sentiment rattled by growing concerns of a tariff-driven global recession. Market volatility continues as trade tensions weigh on stocks. Get the latest update on Japan's financial markets and global economic impact. Subscribe for more financial news from Asia. #TokyoStockExchange #JapanMarkets #GlobalRecession #StockMarket #FinancialNews #TariffImpact #EconomicUpdate #JapanNews #AsiaMarkets #MarketClose Amaravati Today is a news channel that provides the latest updates on world affairs and sports events. It covers a wide range of topics, including international politics, major global incidents, and sports highlights #WorldNews #GlobalInsights #AmaravatiToday #News #InternationalNews #GlobalNews #Politics Subscribe to the Amaravati Today channel and tap the bell icon to receive notifications whenever we go live https://www.youtube.com/@Amaravati_Today_Official Follow Amaravati Today on x or Twitter: https://x.com/amaravati_today Follow Amaravati Today on Facebook: https://www.facebook.com/amaravatitoday Follow Amaravati Today on Instagram: https://www.instagram.com/stories/amaravatitodayofficial/ Follow Amaravati Today on Rumble: https://rumble.com/user/Amaravatitoday Follow Amaravati Today on Linkedin: https://www.linkedin.com/company/amaravati-today/ Follow Amaravati Today on WhatsApp: https://www.whatsapp.com/channel/0029VaHWoNe5q08TF4NFKv3d Website: https://www.amaravati.today/ Source: Reuters
Live: Bolsonaro Supporters Rally in São Paulo for Amnesty | Jan 8 Protest | Brazil Politics
57:21

Live: Bolsonaro Supporters Rally in São Paulo for Amnesty | Jan 8 Protest | Brazil Politics

Thousands of Bolsonaro supporters gathered on Paulista Avenue, São Paulo, demanding amnesty for those charged over the January 8, 2023 coup acts. The protest follows rising tensions around the former president's judicial process. Watch exclusive scenes and reactions from the ground. #Bolsonaro #BrazilProtests #SaoPaulo #Jan8 #AmnestyNow #BrazilNews #CoupAttempt #PaulistaAvenue #ProtestLive #SouthAmericaNews Amaravati Today is a news channel that provides the latest updates on world affairs and sports events. It covers a wide range of topics, including international politics, major global incidents, and sports highlights #WorldNews #GlobalInsights #AmaravatiToday #News #InternationalNews #GlobalNews #Politics Subscribe to the Amaravati Today channel and tap the bell icon to receive notifications whenever we go live https://www.youtube.com/@Amaravati_Today_Official Follow Amaravati Today on x or Twitter: https://x.com/amaravati_today Follow Amaravati Today on Facebook: https://www.facebook.com/amaravatitoday Follow Amaravati Today on Instagram: https://www.instagram.com/stories/amaravatitodayofficial/ Follow Amaravati Today on Rumble: https://rumble.com/user/Amaravatitoday Follow Amaravati Today on Linkedin: https://www.linkedin.com/company/amaravati-today/ Follow Amaravati Today on WhatsApp: https://www.whatsapp.com/channel/0029VaHWoNe5q08TF4NFKv3d Website: https://www.amaravati.today/ Source: Reuters
Live: Macron in Egypt: Talks with Sisi, Gaza Meeting & Business Forum | France-Africa Ties

Live: Macron in Egypt: Talks with Sisi, Gaza Meeting & Business Forum | France-Africa Ties

French President Emmanuel Macron begins a two-day visit to Cairo, Egypt. Key events include a welcome by President Sisi, Gaza-focused trilateral talks with Jordan's King Abdullah, business agreements, and metro project visits. Stay tuned for highlights, statements, and behind-the-scenes coverage. SCHEDULE (TIMINGS APPROX): 0700GMT - Welcome ceremony with Egypt's President Sisi 0845GMT - Signing of agreements 0930GMT - Joint statements 1000GMT - Arrival of Jordan King Abdullah 1005GMT - Trilateral talks on Gaza 1205GMT - Working lunch - NO PRESS ACCESS 1300GMT - Closing of Franco-Egyptian business forum 1430GMT - Visit with Sisi of metro line operated by France's RATP 1550GMT - Presentation of new campus project 1600GMT - Cairo University 1900GMT - Working dinner #Macron #EgyptVisit #CairoNews #GazaTalks #FranceEgypt #MiddleEast #MacronInEgypt #JordanKing #MetroTour #Diplomacy Amaravati Today is a news channel that provides the latest updates on world affairs and sports events. It covers a wide range of topics, including international politics, major global incidents, and sports highlights #WorldNews #GlobalInsights #AmaravatiToday #News #InternationalNews #GlobalNews #Politics Subscribe to the Amaravati Today channel and tap the bell icon to receive notifications whenever we go live https://www.youtube.com/@Amaravati_Today_Official Follow Amaravati Today on x or Twitter: https://x.com/amaravati_today Follow Amaravati Today on Facebook: https://www.facebook.com/amaravatitoday Follow Amaravati Today on Instagram: https://www.instagram.com/stories/amaravatitodayofficial/ Follow Amaravati Today on Rumble: https://rumble.com/user/Amaravatitoday Follow Amaravati Today on Linkedin: https://www.linkedin.com/company/amaravati-today/ Follow Amaravati Today on WhatsApp: https://www.whatsapp.com/channel/0029VaHWoNe5q08TF4NFKv3d Website: https://www.amaravati.today/ Source: Reuters
World News | Trump Tariffs, EU,  Israel, Myanmar, France, Amaravati Today | VISTA Ep 34
14:40

World News | Trump Tariffs, EU, Israel, Myanmar, France, Amaravati Today | VISTA Ep 34

France's cognac makers, buffeted by trade wars, reel from Trump's tariffs EU seeks unity in first strike back at Trump tariffs US starts collecting Trump's 10% tariff, smashing global trade norms Rains add to challenge for Myanmar quake relief, toll at 3,471 Israeli military changes initial account of Gaza aid worker killings Russia says Ukraine 'multiplying' energy attacks despite US-brokered moratorium Amaravati Today is a news channel that provides the latest updates on world affairs and sports events. It covers a wide range of topics, including international politics, major global incidents, and sports highlights #WorldNews #GlobalInsights #AmaravatiToday #News #InternationalNews #GlobalNews #Politics Subscribe to the Amaravati Today channel and tap the bell icon to receive notifications whenever we go live https://www.youtube.com/@Amaravati_Today_Official Follow Amaravati Today on x or Twitter: https://x.com/amaravati_today Follow Amaravati Today on Facebook: https://www.facebook.com/amaravatitoday Follow Amaravati Today on Instagram: https://www.instagram.com/stories/amaravatitodayofficial/ Follow Amaravati Today on Rumble: https://rumble.com/user/Amaravatitoday Follow Amaravati Today on Linkedin: https://www.linkedin.com/company/amaravati-today/ Follow Amaravati Today on WhatsApp: https://www.whatsapp.com/channel/0029VaHWoNe5q08TF4NFKv3d Website: https://www.amaravati.today/ Source: Reuters
Live: Le Pen Barred from 2027 Election: RN Rally in Paris Sparks Outrage | France Politics
02:17:28

Live: Le Pen Barred from 2027 Election: RN Rally in Paris Sparks Outrage | France Politics

France’s far-right National Rally (RN) holds a major rally in Paris supporting Marine Le Pen, who has been barred from the 2027 presidential race following a graft conviction. The event marks growing tensions in French politics as supporters challenge the ruling. Watch the full coverage of the rally and reactions. #MarineLePen #FrancePolitics #ParisRally #RNParty #FrenchElection #LePen2027 #FarRightFrance #NationalRally #GraftCase Amaravati Today is a news channel that provides the latest updates on world affairs and sports events. It covers a wide range of topics, including international politics, major global incidents, and sports highlights #WorldNews #GlobalInsights #AmaravatiToday #News #InternationalNews #GlobalNews #Politics Subscribe to the Amaravati Today channel and tap the bell icon to receive notifications whenever we go live https://www.youtube.com/@Amaravati_Today_Official Follow Amaravati Today on x or Twitter: https://x.com/amaravati_today Follow Amaravati Today on Facebook: https://www.facebook.com/amaravatitoday Follow Amaravati Today on Instagram: https://www.instagram.com/stories/amaravatitodayofficial/ Follow Amaravati Today on Rumble: https://rumble.com/user/Amaravatitoday Follow Amaravati Today on Linkedin: https://www.linkedin.com/company/amaravati-today/ Follow Amaravati Today on WhatsApp: https://www.whatsapp.com/channel/0029VaHWoNe5q08TF4NFKv3d Website: https://www.amaravati.today/ Source: Reuters
9.png
Live Streams | Facts | Analysis | Explainers | Breaking News

Get in Touch

Manikondu Pvt Ltd
SY. 130P & 115/1P, ISB Rd
Financial District, Gachibowli
Hyderabad, India 500032
letstalk {at} amaravati (dot) today

Follow us on

  • X
  • LinkedIn
  • Youtube
  • Facebook
  • Instagram

© 2024 by Amaravati Today | Privacy Policy | Imprint & Dsiclaimer | CIN: U70200TS2024PTC184435

bottom of page