Finway Accelerator Pledges Rs 100 Crore to Boost India's Startup Ecosystem
- Finway Accelerator plans to invest Rs 100 crore by 2028 to support early-stage and growth startups.
- Focus on innovation-driven, scalable ventures with valuations below Rs 100 crore.
- Initiative aims to provide funding, mentorship, and long-term sustainability support to entrepreneurs.
Finway Accelerator, part of the RBI-registered NBFC Finway, has announced an ambitious plan to invest Rs 100 crore over the next three years to strengthen India’s startup ecosystem. The accelerator will focus on promising startups across seed, early, and growth stages, especially those with valuations below Rs 100 crore.
The accelerator has already made strategic investments in ventures like Sprout Studio, an animation and VFX company; Zeleno, a sustainability-focused recycling startup; Cosmetofood, an organic cosmetics brand; and Zebra Learn, an edtech platform that gained national attention through Shark Tank India.
Since its launch, Finway Accelerator has achieved remarkable growth, expanding turnover seven-fold in its first year and serving over 20,000 customers through its financial arm, which disburses more than Rs 200 crore in loans annually.
Rachit Chawla, CEO and Founder, said the initiative goes beyond funding. “Our goal is to create an enabling ecosystem where founders can transform ideas into impactful businesses. This aligns with India’s vision of becoming a global startup hub while promoting financial inclusion”.
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Anand Singh, Co-Founder, emphasized the focus on responsible innovation, “We aim to support entrepreneurs who contribute to society and the environment, helping them grow sustainably.” Akshay Kapoor, co-founder, added that strategic capital allocation and mentorship are key to turning early-stage ideas into long-term success stories.
The Rs 100 crore commitment reflects Finway Accelerator’s dedication to bridging capital gaps, fostering innovation, and driving India’s entrepreneurial growth through sustainable startups.

