Sahamati NextWave: Elevator Pitches by AA-Powered Startups

The Sahamati NextWave session, “Elevator Pitches by AA-Powered Startups,” brought together a dynamic mix of investors and innovative entrepreneurs, spotlighting the transformative potential of the Account Aggregator (AA) framework. This exciting event served as a platform for emerging startups to pitch their groundbreaking solutions to a panel of esteemed investors equipped with cheque books and a keen eye for disruptive innovation.

Investors on the PanelThe session featured an impressive lineup of investors, including:

• Ibrahim Faruqi, Growth Equity, Bessemer Venture Partners
• Nakul Saxena, Angel Investor
• Shivani Kulkarni, Associate Vice President, Prime Venture Partners
• Hitesh Sachdev, Head – Startup Engagement & Investments, ICICI Bank

These industry veterans brought their expertise and insights to the table, providing valuable feedback and exploring the future of AA-powered innovation.

The Startups Three trailblazing startups showcased how they are leveraging the AA framework to revolutionize their respective sectors:

1. Finagg – Presented by Nipun Kohli, Founder
   • Finagg aims to bridge the financial gap for small and medium enterprises (SMEs) by providing seamless access to credit. Through the AA framework, Finagg simplifies data sharing, enabling SMEs to unlock their financial potential and scale efficiently.
2. Finny – Presented by Rohit, Founder
   • Finny focuses on enhancing financial literacy and personal finance management. By utilizing the AA framework, the platform empowers users with actionable insights into their financial health, fostering better decision-making and long-term financial stability.
3. Trustsphere – Presented by Gyanendra Rao, Founder
   • Trustsphere leverages the AA framework to build trust and transparency in the financial ecosystem. Its solutions aim to combat fraud and enhance security, paving the way for a more reliable digital financial environment.

Highlights of the Pitches Each startup delivered a concise and impactful pitch, highlighting their innovative use of the AA framework. The presentations underscored the versatility of the AA ecosystem in addressing diverse challenges, from credit access and financial literacy to trust and security.

The investors engaged with insightful questions, exploring the startups’ business models, scalability, and potential impact. Their feedback provided valuable direction for the entrepreneurs, reinforcing the importance of collaboration between startups and investors in driving innovation.

The Future of AA-Powered Innovation Sahamati NextWave demonstrated the immense potential of the AA framework to revolutionize India’s financial landscape. By fostering innovation and collaboration, the ecosystem is empowering startups to create solutions that are not only impactful but also scalable.

As the AA framework continues to evolve, platforms like Sahamati NextWave will play a crucial role in bridging the gap between visionary entrepreneurs and forward-thinking investors. Together, they are shaping the future of open finance in India.

Watch the Session To witness these impactful pitches and explore the future of AA-powered innovation, watch the full video here.