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India Fintech Foundation

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uuid00gx4yd

Namestring
India Fintech Foundation
Legal namestring
Unified Fintech Forum
Company typeenum
Private
Founded yearint
2025
Descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMumbai, India
HQ citystring
Mumbai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
fintech industry association, self-regulatory organization, policy advocacy services, regulatory engagement, industry research reports
Industry2 codes
1Regulatory Reporting & Compliance Automation (FinCEN/CTR/SAR, EMIR/MiFID, etc.)
CodeFSAGAFAGPrimaryYes
2Technical Assistance, Policy Lending & Capacity Building Programs
CodeBPADACANPrimaryNo
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Membership Fees
TypeSubscription Recurring
Description

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).

indiafintechfoundation.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
Pricing details1 tier
1Viksit Bharat Pass - Conclave Delegate
ModelSubscriptionBilling cadencePay-as-you-go
Notes

₹5,000 per delegate for the AI in Fintech Bharat Conclave (Feb 6, 2026) including main stage access, knowledge sessions, networking lunch and high-tea.

indiafintechfoundation.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1FintechVerse
Description

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.

indiafintechfoundation.com
+2 more records
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Board representation at Inter-Ministerial-Industry Committee on Fintech (IMICF) chaired by Ministry of Finance
Product overview1 text field

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.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

Experian 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.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

BCFI 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.

3Inter-Ministerial-Industry Committee on Fintech (IMICF)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

IFF 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.

indiafintechfoundation.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeRegional player
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeBroad incumbent
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

10Bharat Fintech Forum
TypeDirect peer
Description

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.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers16 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

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.

India Fintech Foundation firmographics

Firmographics
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

India Fintech Foundation industry classification

Industry
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

Where India Fintech Foundation is headquartered

Location

Headquarters

HQ city
Mumbai
HQ country
India
HQ region
Asia

Offices1 record

Markets served

India Fintech Foundation business model

Business model
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

ModelBillingPrice
SubscriptionPay-as-you-goViksit Bharat Pass - Conclave Delegate

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

India Fintech Foundation product offering

Product offering

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

Companies that use India Fintech Foundation

Customer profile

Named customers16 records

Segments4 records

India Fintech Foundation technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

India Fintech Foundation partnerships and signals

Strategic signal

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

India Fintech Foundation competitors and assessment

Company assessment

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

India Fintech Foundation social profiles

Digital presence

India Fintech Foundation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

India Fintech Foundation leadership team

Management profile

Number of profiles

India Fintech Foundation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

India Fintech Foundation M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about India Fintech Foundation

What does India Fintech Foundation do?

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.

Is India Fintech Foundation a public or private company?

India Fintech Foundation is a private company. It is currently operating.

When was India Fintech Foundation founded?

India Fintech Foundation was founded in 2025. It employs 11 to 50 people.

Where is India Fintech Foundation based?

India Fintech Foundation is headquartered in Mumbai, India, in the Asia region.

How does India Fintech Foundation make money?

One revenue line is on record: membership Fees.

Who are India Fintech Foundation's main competitors?

Regional players on record are Singapore Fintech Association and American Fintech Council. Direct peers are Internet and Mobile Association of India (IAMAI), Payments Council of India (PCI), Fintech Association for Consumer Empowerment (FACE) and Bharat Fintech Forum. Broad incumbents are UK Finance, NASSCOM, Federation of Indian Chambers of Commerce & Industry (FICCI) and Confederation of Indian Industry (CII).

Does India Fintech Foundation have an API?

No public API is recorded for India Fintech Foundation.

What industry is India Fintech Foundation in?

Its primary akta.pro industry code is FSAGAFAG, Regulatory Reporting & Compliance Automation (FinCEN/CTR/SAR, EMIR/MiFID, etc.), with a secondary code of BPADACAN, Technical Assistance, Policy Lending & Capacity Building Programs.

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Live signals
The Times of IndiaFintech Facade: RBI probes surge in API-based money launderingThe Reserve Bank of India (RBI) has issued a draft circular requiring banks to conduct background checks on Technology Service Providers (TSPs) accessing payout APIs, following reports that unregulated entities are misusing these interfaces for money laundering. Industry bodies like the India Fintech Foundation and the Payments Council of India are engaging with regulators, arguing that current measures are insufficient and advocating for stricter beneficiary verification protocols. This regulatory push aims to curb unauthorized remittances and protect the integrity of the digital payments sector amidst rising fraud cases.The Times of IndiaIndia Fintech Foundation asks govt, RBI to address concentration risk on UPI payments - The Economic TimesThe India Fintech Foundation (IFF) has submitted a policy recommendation note titled "Policy Options for Mitigating Concentration Risk on UPI" to the Finance Ministry and RBI, warning that over 80% of UPI transaction volume is controlled by just two third-party application providers (TPAPs). The IFF has proposed capping incentive payments for dominant players at 10% per TPAP and implementing data portability solutions to promote fairer competition and prevent these players from becoming "too big to fail." The Foundation argues that the current incentive mechanism disproportionately benefits large incumbents, creating significant entry barriers for smaller players and state-led platforms like BHIM.The Times of IndiaFintech self-regulatory organisations should have broad representation: Amitabh KantAmitabh Kant said India's fintech self-regulatory organisations should have broad representation, citing the RBI's 10% capital cap to prevent conflict of interest. He noted the India Fintech Foundation, awaiting RBI approval, has over 100 players. Kant expects multiple SROs to be approved.