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Business EconomyPosted at: Jan 25 2017 11:23PM


Two-day FinTech Conclave in Vizag from Mar 9

Mumbai, Jan 25 (UNI) Mr J A Chowdary, special chief secretary and IT advisor to the Andhra Pradesh Chief Minister, today announced that 'FinTech Conclave' will be held on March 9 and 10 in Vizag.
The two-day conclave is expected to attract top FinTech start-ups, leaders in the space and academicians working on developing FinTech in India, he told reporters here.
The FinTech Valley, Vizag is being developed as a self-sustained global ecosystem that will host a plethora of businesses looking to expand their FinTech capabilities -- from start-ups to established corporations, Mr Chowdary said.
According to Mr Chowdary, FinTech Valley will act as a facilitator for information flow: a playground for innovators to disrupt traditional processes with new, more efficient, economically beneficial technologies that will change the way India does business.
Pointing out that it is a rare convergence of government and innovation, the special chief secretary said Andhra Pradesh Chief Minister N Chandrababu Naidu has offered full support to companies, incubators, facilitators and start-ups, inviting anyone with disruptive ideas to be a part of FinTech Valley on the edge of innovation.
Also hosting the event were Mr K Vijayanand, IT secretary to AP Chief Minister, Ms Latha Ayyar, special representative for Innovation & IT in the Government of AP & COO, Bharti-AXA and Ms Neha Puneta, partner and head, FinTech, KPMG India.
According to Ms Puneta, the state is offering market access and establishing links between various stakeholders to create a sustainable ecosystem: corporations are offering skill development syllabi to institutions, institutions are providing start-ups with equipment, and start-ups are bringing the much-needed new age ideas.
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