91SpringBoard has joined hands with Barclays to launch a FinTech focused coworking space - ‘Rise Mumbai’ in the heart of Mumbai on June 15th 2016. Rise is a network of physical spaces and a virtual community designed to bring together the world’s brightest thinkers and doers to create the future of financial technology. After its foray in London, New York, Manchester, Cape Town, Vilnius and Tel Aviv, Rise has now arrived in Mumbai, India to encourage the most promising startups in the country.

In addition to the world-class co-working facility, entrepreneurs working out of this space will also gain access to Barclays’ exclusive global network of curated experts and partners and will be linked to all of the Rise global sites.

Rise Mumbai offers a range of state-of- the-art facilities including 140 Seat Auditorium, 64 Open Desks, 15 Offices (90 Desks), Meeting Rooms and Conference Room (20 Seater). Its offerings include – private office/dedicated seat, unlimited 24/7 access, ultra fast Wifi, access to meeting rooms, invites to exclusive members events, free drip coffee, soda, tea & water, mentorship + advice at rise office hours, private locker and a lot of events, workshops and activities around Fintech.

Rise Mumbai focuses towards financial technology (fintech) startups. It is also open to non-fintech startups that can potentially contribute to fintech/ financial services, eg. startups into AI, Machine Learning, Analytics to name a few.

Rise Mumbai will also be hosting numerous programmes for open innovation - mentorship, hackathons, daily events, global challenges and much more.

Barclays hopes to create an ecosystem of fintech focused startups that will help the bank solve some of its tech related problems as well as give these startups access to a banking culture along with the possibility of having Barclays as their first customer. They have a dedicated team whose focus is to interact with startups at the hub.

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