Solution

• Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics and Information Technology, Government of India launched its 24th Center of Entrepreneurship (CoE) - "FinGlobe," dedicated to fostering innovation and growth in the financial technology sector, at STPI-Gandhinagar, GIFT City.  • K Rajaraman, Chairperson, International Financial Services Centres Authority (IFSCA) inaugurated the CoE and its maiden Open Challenge Program (OCP) for the startups. • The FinGlobe CoE, which has been set up in association with the Department of Science and Technology, Government of Gujarat, aims to serve as a catalyst for the development and proliferation of cutting-edge technologies within the financial services domain.  • By providing state-of-the-art infrastructure, expert mentorship, and a collaborative ecosystem, FinGlobe CoE seeks to empower startups, entrepreneurs, and established players to ideate, innovate, and scale their solutions in the FinTech, TechFin, Banking Industry and allied domains.