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IIIT Delhi Innovation & Incubation Center

IIITD-IC FinTech Grand Challenge

Offers DPIIT-recognised Indian FinTech startups a Rs 5 lakh prize pool, equity-free.

IIIT Delhi's Innovation & Incubation Center runs the challenge with Startup India and Decentro. Selected startups share a discretionary Rs 5 lakh prize pool, get a 50% waiver on the incubator's own virtual incubation fee, mentorship from domain experts, investor and bank networking, and pilot opportunities with partner financial institutions; top solutions may also be considered for acquisition or

The challenge looks for DPIIT-recognised FinTech startups with scalable, innovation-driven solutions in areas such as KYC and digital onboarding, recurring payments, lending and credit infrastructure, fraud detection, SME fintech, financial inclusion, and cross-border payments. It is open to startups at any stage, from ideation through scaling.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Prize
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.-

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