The aim of this partnership is to develop industry-academia collaboration and drive innovation in the fintech sector
Bengaluru, July 22, 2024: Fintech incubator, Afthonia, has partnered with Institute of Management Technology (IMT) Nagpur to announce a strategic collaboration aimed at advancing executive education and fostering entrepreneurship development. The MoU was signed by IMT Nagpur Director Professor BigyanVerma and Afthonia Labs CEO Tanul Mishra. This partnership will focus on delivering a range of initiatives, including specialised courses, training programs in fintech, mentorship for startups, and the establishment of an incubation centre. The exact nature of collaboration for each activity, project, and program will be determined on a case-by-case basis. The aim is to ensure a tailored approach that meets the specific needs and objectives of both the entities.
“The decision to collaborate stemmed from a shared vision and mutual recognition of each institution’s strengths. Afthonia brings extensive experience in nurturing fintech startups and driving innovation, while IMT Nagpur has a strong legacy in delivering top-tier management education.
Through thorough discussions and a deep understanding of each other’s capabilities, both parties identified significant opportunities to create a synergistic partnership,” said, Tanul Mishra , Founder, Afthonia.
The primary goals of this collaboration are to enhance fintech education, support startup growth, and foster a culture of innovation and entrepreneurship. It is also aimed at delivering specialised courses and training programs that provide professionals and students with the latest knowledge and skills in the fintech industry. Robust mentorship and support to startups will help them navigate challenges and accelerate their growth through tailored guidance and resources. The partnership also seeks to create a dedicated space to nurture innovative ideas and support budding entrepreneurs in transforming their concepts into successful ventures. Exposure visits and internships for faculty and students will allow them to gain valuable insights and practical experience in the industry. Joint projects, programs, and workshops will be conducted to address emerging trends and challenges in fintech and entrepreneurship.
“The synergies between Afthonia and IMT Nagpur are profound, as both organisations bring complementary strengths to the table. Afthonia’s deep industry connections and expertise in fintech innovation, combined with IMT Nagpur’s academic rigour and educational excellence, will create a powerful platform for nurturing talent and driving industry growth,” IMT Nagpur Director quoted.
Looking ahead, this partnership is envisioned to evolve into a model for industry-academia collaboration, driving continuous innovation and growth in the fintech sector.
About IMT Nagpur
Institute of Management Technology (IMT) Nagpur, an institution of vocational, professional and higher learnings, was started in the year 2004. It runs Post Graduate Programmes to develop management professionals, which are AICTE and AIU Approved, NBA Accredited and has Membership of AACSB.In the past 20 years, it has greatly impacted academia and industry through its educational Programmes, MDP, FDP, Consulting activities. IMT Nagpur has international relations and exchange agreements with top business schools from 15 countries.
About Afthonia
Bengaluru headquartered Afthonia Labs, is a fintech incubator which ensures that early-stage fintech startups are business-ready within the year and are insulated with the necessary support to help them achieve their business goals. Founded by serial entrepreneur Tanul Mishra, Afthonia understands the needs of budding entrepreneurs and innovators. Along with its global panel of advisors and mentors, Afthonia works with startups to refine their vision and goals. It focuses on a personalised program with the three pillars knowledge, corporate, and capital access.
