Why in news?

• Launched by: India Post Payments Bank (IPPB)
• It is a joint initiative to collaborate with Fintech Startup community to co-create and innovate solutions for financial inclusion.
• Fincluvation will be a permanent platform of IPPB to co-create inclusive financial solutions with participating start-ups.
• It will also allow the start-ups to work with IPPB and DoP experts to develop solutions and conduct pilots using the postal network and IPPB’s technology stack.
• IPPB (launched in 2018) was established under the Department of Posts, Ministry of Communication with 100% equity owned by Government of India.