GIFT International Fintech Institute


Gujarat Chief Minister Bhupendra Patel inaugurated two institutions at GIFT City, Gandhinagar. The GIFT International Fintech Institute (GIFT IFI) and the GIFT International Fintech Innovation Hub (GIFT IFIH), supported by the Asian Development Bank (ADB), aim to develop the fintech sector.

GIFT IFI is a collaboration involving Ahmedabad University, IIT Gandhinagar, and the University of California, San Diego. It will start operations this month, offering programmes in areas like Fintech Foundations, Technology for Fintech, and AI & ML in Fintech. The institute will focus on developing professionals for the fintech sector.


GIFT IFIH will support fintech startups through an incubator and accelerator programme. It provides mentorship, resources, and access to networks. Ten startups from India, Singapore, the US, and the UAE are part of its first batch. These startups will access resources designed to support their growth and operations.

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Aarti Mehra, ADB’s Deputy Country Director, said GIFT City is working to create skilled jobs and develop financial solutions. She said the initiative supports the vision of establishing an international financial hub for India.

Tapan Ray, Managing Director and Group CEO of GIFT City, stated that such partnerships in education and incubation are helping develop talent and innovation in financial services.

 

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