Afthonia Labs, a fintech-focused accelerator, has announced the incubation of seven startups as part of its 2025 rolling cohort.
The newly incubated startups are:
- Investplus: A tech-driven wealth management platform
- 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 micro-savings and goal-based investing tool for rural users
- Mantech Studio: A cloud-based core banking solution built for agile financial institutions
Tanul Mishra, Founder of Afthonia Labs, said, “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. We are building a launchpad not just for Indian fintech, but for fintech that solves real-world problems anywhere.”
Founded in 2018 by Tanul Mishra and Headquartered in Bengaluru, Afthonia Labs is a 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.
Afthonia aims to incubate a total of 50 startups over the next few years while expanding its global footprint through international partnerships, trade relationships, and cross-border opportunities.
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. Its alumni startups continue to support newcomers through mentorship, strategic guidance, and access to capital.
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.
