India Fintech Foundation

What India Fintech Foundation does

India Fintech Foundation (IFF) operates under the legal entity name Unified Fintech Forum, a non-profit Section 8 company founded in 2025 to serve as the proposed Self-Regulatory Organization (SRO) for India's fintech sector. The organization is positioning for formal recognition from the Reserve Bank of India and has secured a seat on the Inter-Ministerial-Industry Committee on Fintech (IMICF) chaired by the Ministry of Finance. IFF functions as a unified coalition of 96+ fintech member companies spanning digital payments, digital banking, digital lending, wealthtech, insurtech, B2B fintech, regtech, open banking, and business correspondents — including Amazon Pay, PhonePe, Paytm, Jupiter, Groww, CRED, LendingKart, FlexiLoans, OneCard, M2P, PayNearby, Perfios, Fi Money, Riskcovry, and Freo. Governance is provided by an 11-member Board of Directors chaired by former RBI Deputy Governor N.S. Vishwanathan and including former SIDBI Chairman Mohammad Mustafa, former SBI Deputy MD & CIO Dhananjaya Tambe, alongside founders of leading Indian fintechs.

IFF delivers its value proposition through a portfolio of organizational and knowledge services rather than technology products. Core offerings include: a membership program providing regulatory engagement, standard-setting, certification, industry oversight, grievance redressal, and capacity building; the Fintersect podcast on fintech policy and AI governance; industry research reports on AI in fintech, cybersecurity, and fintech barometers; a comprehensive regulatory announcements portal aggregating updates from RBI, NPCI, SEBI, and IRDAI; the annual AI in Fintech Bharat Conclave; and the monthly Fintech Frontier newsletter. Underlying infrastructure is conventional — a website, podcast distribution on Spotify, and digital content channels — with no proprietary AI/ML products, APIs, or SDKs.

The revenue model is membership-fee based, with voting members (fintech product makers, service providers, ecosystem enablers, market enablers) and non-voting associate partners (investors, consultants, foundations), supplemented by event delegate fees (e.g., ₹5,000 per delegate for the AI in Fintech Bharat Conclave) and potentially research sponsorships. Go-to-market is community-led and event-driven, supported by thought leadership content and earned media across CNBC TV18, Economic Times, Business Standard, Moneycontrol, Inc42, and YourStory. The leadership team is led by CEO Sai Sudha Chandrasekaran (former Head of FDI for APAC at Invest India, Ministry of Commerce), with operational staff covering strategy, policy, member relations, and program management.

Name

India Fintech Foundation

Legal name

Unified Fintech Forum

Website

https://indiafintechfoundation.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

akta.pro primary industry

Regulatory Reporting & Compliance Automation (FinCEN/CTR/SAR, EMIR/MiFID, etc.) (FSAGAFAG)

akta.pro secondary industry

Technical Assistance, Policy Lending & Capacity Building Programs (BPADACAN)

Keywords

• Fintech industry association
• Self-regulatory organization
• Policy advocacy services
• Regulatory engagement
• Industry research reports

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Fees: IFF generates revenue through membership fees from fintech companies (voting members: product makers, service providers, ecosystem enablers, market enablers) and non-voting partners (investors, consultants, experts, foundations).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

India Fintech Foundation is a Section 8 non-profit industry association operating as a proposed Self-Regulatory Organization (SRO) for India's fintech sector. It sells membership-based participation in a unified industry body, delivering policy advocacy, regulatory engagement, industry standards development, certification/accreditation, grievance redressal, capacity-building programs, and research publications to fintech companies, regulators, and financial institutions.

Product overview

India Fintech Foundation (IFF) is a not-for-profit industry association and proposed Self-Regulatory Organization (SRO) operating under the legal entity Unified Fintech Forum. Rather than a software product company, IFF provides a suite of organizational and knowledge services to India's fintech ecosystem: membership and governance frameworks, the Fintersect podcast for policy insights, industry research publications, the annual AI in Fintech Bharat Conclave, monthly Fintech Frontier newsletters, and regulatory advocacy services. These services collectively position IFF as the bridge between fintech innovators, regulators, and policymakers to advance responsible fintech growth and financial inclusion in India.

Differentiator

Problem solved

Functional benefit

Brands

• FintechVerse: Classification framework for fintech sub-sectors including Digital Payments, Digital Banking, Digital Lending & Credit, WealthTech & InvesTech, InsurTech, Business Correspondents & Agents, B2B FinTech and Fintech Infra, RegTech, Open Banking & Account Aggregators, and Green and Sustainable Fintech.
• Fintersect
• AI in Fintech Bharat Conclave

Quantifiable outcome

• Board representation at Inter-Ministerial-Industry Committee on Fintech (IMICF) chaired by Ministry of Finance

Named customers16 records

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Experian IndiacoreStrategic or Co-development Partner · 1 January 2025Experian India collaborates with IFF on industry-wide efforts supporting responsible fintech growth and greater financial inclusion access. Chairman Manish Jain serves as a testimonial advocate, praising IFF's role in strengthening trust across the fintech ecosystem and advancing forward-looking policy dialogue on AI governance and digital infrastructure.
• Business Correspondent Federation of India (BCFI)coreStrategic or Co-development Partner · 1 January 2025BCFI and IFF collaborate on financial inclusion initiatives. BCFI CEO Sunil Kulkarni serves on IFF Board as Advisor-BCFI, contributing expertise on branchless banking, business correspondents, and digital finance. BCFI's SRO initiatives align with IFF's governance framework.
• Inter-Ministerial-Industry Committee on Fintech (IMICF)coreStrategic or Co-development Partner · 1 January 2025IFF Board Director Jitendra Gupta represents the fintech industry at the Inter-Ministerial-Industry Committee on Fintech (IMICF) chaired by the Department of Financial Services, Ministry of Finance. The committee addresses regulatory concerns and charts a long-term Fintech Vision Strategy to strengthen the fintech ecosystem.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Singapore Fintech Association: Singapore's leading fintech industry association providing policy advocacy, regulatory engagement, and ecosystem development. Comparable to IFF as a national-level SRO-style fintech body, offering a benchmark model for how IFF could mature into formal SRO status.
• American Fintech Council: US-based industry association representing responsible fintech companies with policy advocacy and standards focus. Comparable as a regional fintech industry body that has successfully positioned itself as the responsible-fintech voice, mirroring IFF's governance-first framing.

Direct peers

• Internet and Mobile Association of India (IAMAI): Indian industry body representing digital and mobile companies, including the Payments Council of India (PCI). IAMAI is the most direct peer for IFF because PCI operates as an industry subgroup with comparable regulatory advocacy role on fintech issues, particularly payments.
• Payments Council of India (PCI): An initiative of IAMAI focused specifically on payment ecosystem companies. It functions as a sub-sectoral industry body with regulatory advocacy, directly overlapping IFF's mandate on the digital payments sub-vertical and competing for the same regulatory access.
• Fintech Association for Consumer Empowerment (FACE): Indian industry body focused on responsible digital lending and consumer protection in fintech. Overlaps with IFF on regulatory advocacy, standards-setting, and grievance redressal for the digital lending sub-sector that IFF explicitly covers.
• Bharat Fintech Forum: A newer Indian fintech industry association seeking to represent the fintech ecosystem's policy interests. Directly comparable to IFF in mission, target membership, and regulatory engagement focus, making it a key competitive peer for member share.

Broad incumbents

• UK Finance: UK trade association representing the banking and finance industry with policy advocacy, regulatory engagement, and standards-setting. Comparable to IFF as an established apex body that bridges industry and regulators (FCA, BoE), serving as a mature model for SRO-style governance.
• NASSCOM: India's premier technology industry trade body with deep fintech coverage through its FinTech & Digital Payments and Banking Financial Services sub-councils. Directly comparable as an industry association providing policy advocacy, regulatory engagement, and thought leadership to Indian tech/fintech firms.
• Federation of Indian Chambers of Commerce & Industry (FICCI): Large apex industry chamber with dedicated banking and financial services committees that engage with RBI and government on fintech policy. Comparable as a broader industry body that convenes fintech stakeholders and influences policy from a multi-sectoral perspective.
• Confederation of Indian Industry (CII): India's leading business confederation with committees covering BFSI and fintech. Similar to IFF in providing a platform for industry-government dialogue, policy advocacy, and capacity-building programs, though at a much broader cross-sectoral scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/indiafintechfoundation-sro

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about India Fintech Foundation