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,” Bigyan Verman, 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.
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