Bengaluru, June 3, 2025 – Afthonia Labs, India’s first fintech-focused accelerator, has announced the incubation of seven innovative startups as part of its 2025 rolling cohort. With a strong spotlight on green finance and cybersecurity, the development reinforces Afthonia’s mission to catalyze innovation in high impact fintech sectors.
The newly incubated startups are:
· Investplus – A tech-driven platform for democratizing wealth managemenovergrown
· RIU- A sustainability fintech focused on ESG tracking and green investing
· SathPay – A credit platform targeting underserved micro-entrepreneurs
· Ingood – An investment management app prioritizing ethical portfolios
· Fundbook – A digital ledger system transforming credit tracking for small businesses
· Fincraft – A microsavings and goal-based investing tool for rural users
· Mantech Studio – A cloud-based core banking solution built for agile financial institutions
“These seven startups represent the next wave of financial innovation—from climate-conscious investing to cybersecurity infrastructure for a digital Bharat. We are not just incubating companies but building a fintech ecosystem that is inclusive, secure, and globally relevant,”said Tanul Mishra, Founder of Afthonia Labs.
Afthonia aims to incubate a total of 50 startups over the next few years years while expanding its global footprint through international partnerships, trade relationships, and cross-border opportunities.
With India rapidly becoming a global fintech powerhouse, Afthonia is positioning itself as a bridge between local innovation and global collaboration. Its alumni startups continue to support newcomers through mentorship, strategic guidance, and access to capital.
Unlike one-size-fits-all accelerators, Afthonia’s program is tailored to meet the specific needs of each startup. Through curated mentorship from seasoned industry veterans, connections to regulators, banks, and investors, and strategic exposure via demo days and domain workshops, startups gain the momentum needed to scale rapidly.
Afthonia’s ecosystem is particularly attuned to the unique needs of Tier 2 and Tier 3 markets, ensuring that fintech innovation reaches the most underserved segments of India while remaining relevant on a global scale.
In addition to backing Indian fintech ventures, Afthonia is deepening ties with international trade bodies to help global fintech startups tap into the Indian market—one of the fastest-growing fintech ecosystems in the world.
“We are building a launchpad not just for Indian fintech, but for fintech that solves real-world problems anywhere,” Mishra added.
About Afthonia Labs
Headquartered in Bengaluru, Afthonia Labs is India’s premier fintech-only accelerator. It supports early-stage fintech startups with hands-on mentorship, strategic partnerships, investor access, and domain-specific programming. Afthonia’s mission is to create a collaborative, inclusive, and innovation-first fintech ecosystem for the future.
