SBI Startup Launchpad – Pilot your solution with SBI & win USD 50,000 worth cash prize
SBI STARTUP CHALLENGE
The Indian Banking & Financial Services industry will be constitute a significant part of the USD $5 Tn Indian economy (2025). The Government of India rolled out a series of initiatives & products to further enhance the growth rate of the sector, such as Digital India (with over 500 Mn internet users), India Stack (open API styled digital infrastructure), Jan Dhan Yojana (with over 330 Mn bank accounts opened), BHIM UPI.
Invest India & SBI join hands to support top Indian startups that have developed a global product that can solve major problems of the Indian banking industry. SBI will support the winners by providing cash prizes and pilot opportunities.
1st Prize – USD 25,000 || 2nd Prize – USD 15,000 || 3rd Prize – USD 10,000
These prizes will be given to winners across 4 tranches, as follows
* Proof of concept on public cloud server (10%)
* Proof of concept on premise (20%)
* Deployment of prototypes on production (30%)
* Full fledged scale up (40%)
(refer below for phase wise details)
Stakeholder
Relevant Stakeholder
- Individual
- Ideation Stage Startup
- Validation Stage Startup
- Early Traction Startup
- Scaling Stage Startup
Relevant Industry
- Marketing
- Aeronautics Aerospace & Defence
- AI
- Analytics
- Animation
- AR VR (Augmented + Virtual Reality)
- Architecture Interior Design
- Art & Photography
- Automotive
- Chemicals
- Telecommunication & Networking
- Computer Vision
- Construction
- Dating Matrimonial
- Design
- Education
- Non- Renewable Energy
- Renewable Energy
- Green Technology
- Enterprise Software
- Events
- Fashion
- Finance Technology
- Food & Beverages
- Technology Hardware
- Healthcare & Lifesciences
- Human Resources
- Internet Of Things
- IT Services
- Media & Entertainment
- Nanotechnology
- Pets & Animals
- Professional & Commercial Services
- Real Estate
- Retail
- Other Specialty Retailers
- Robotics
- Safety
- Security Solutions
- House-Hold Services
- Social Impact
- Social Network
- Sports
- Textiles & Apparel
- Transportation & Storage
- Travel & Tourism
- Advertising
- Agriculture
- Others
- Logistics
- Airport Operations
- Waste Management
- Passenger Experience
Themes for Challenges
- Banking & Financial Services
Problem Statement
Credit Rating
Predictive Analytics
Fraud Detection
Cyber Security
