The IIITD-IC FinTech Grand Challenge is a national initiative launched by the IIIT Delhi Innovation & Incubation Center in partnership with Startup India and Decentro. Its core objective is to identify and support promising FinTech startups that are developing innovation-driven and scalable solutions to address critical issues in the financial sector.
The challenge focuses on solving specific problem statements within FinTech, including:
- Seamless KYC & Digital Onboarding
- Recurring Payments & Subscriptions
- Lending & Credit Infrastructure
- Fraud Detection & Compliance Automation
- SME Fintech Enablement
- Financial Inclusion & Accessibility
- Cross-Border Payments & Global Money Flows
The program offers participants an opportunity to gain visibility, validate their technology, and integrate with the IIITD-IC incubation ecosystem. The top solutions may also be considered for possible acquisition or Technology Transfer (ToT) by industry partners.
The challenge follows a structured timeline:
- Application End Date: December 15, 2025
- Application Result Date: January 31, 2026
Selected startups benefit from:
- A ₹5 lakh prize pool distributed at the discretion of IIITD-IC.
- A 50% waiver on the virtual incubation fee (Current fee: ₹30,000/year).
- Mentorship from a curated panel of domain experts and industry leaders.
- Networking with investors, banks, and corporate FinTech entities.
- Pilot opportunities facilitated in collaboration with partner financial institutions.