New Delhi: Finway Accelerator, a subsidiary of Finway — an RBI-registered non-banking financial company (NBFC) — has announced plans to invest ₹100 crore by 2028 to scale India’s early-stage startup ecosystem. The initiative targets seed, early-stage, and growth-stage ventures valued at under ₹100 crore, with an emphasis on innovation-driven, sustainable, and scalable business models.
The accelerator already holds a growing portfolio of investments, including Sprout Studio, an animation and VFX company producing children’s content; Zeleno, a recycling and sustainability-focused startup; and Cosmetofood, an organic beauty brand. It has also funded Zebra Learn, an edtech firm that later gained national visibility through Shark Tank India.
Finway Accelerator reported a sevenfold increase in turnover within its first year of operations, following an initial investment of ₹1 crore. Finway, its financial arm, currently serves more than 20,000 customers and disburses loans exceeding ₹200 crore annually.
Executives said the ₹100 crore commitment aligns with India’s national priorities of promoting entrepreneurship, self-reliance, and job creation.
“India’s next wave of economic growth will be driven by scalable, innovative startups,” said Rachit Chawla, CEO and Founder of Finway Accelerator. “Our ₹100 crore plan is more than an investment strategy. It’s about building an enabling ecosystem where founders can turn ideas into impactful businesses.”
Co-founder Anand Singh said the accelerator aims to back entrepreneurs building both profitable and socially meaningful ventures. “We want to advance concepts that balance innovation with responsibility. This initiative is designed to help India’s startup ecosystem grow inclusively and sustainably,” he said.
Another Co-founder, Akshay Kapoor, said strategic capital and structured mentorship are central to the accelerator’s long-term vision. “A focus on scalability, capital discipline, and effective mentoring is critical to success. Our strategy reflects our commitment to helping entrepreneurs grow from ideas into organizations that can shape India’s entrepreneurial future.”
Finway Accelerator said the investment push reinforces its mission to close funding gaps and strengthen India’s startup landscape through sustainable entrepreneurship.
