Global Startup Challenge 2017: FinTech - India

It is an initiative to empower innovations & startups across the globe through the platform STARTUPP. The challenge runs across 26 global clusters (196 countries) where our objective is to identify startups that have the potential to become the next unicorn in the world.

 

The short-listed startups (3 from each cluster) are invited for an online pitch & the 26 potential startups (one finalist from each cluster) are selected & offered the term sheets and acceleration program run by one of our global partners.

Benefits

  • GLOBAL MARKET ACCESS

    The potential startups will be facilitated and introduced to the most fitting global markets.

  • INVESTMENT

    The winning startups from each cluster will get an investment of 50,000 USD +*.

    One potential startup across the globe will get an investment of 1 Million USD*.

  • ACCELERATION

    Selected startups will get an opportunity to enter into Acceleration program run by one of our global partners.

  • STARTUP SUMMIT

    The selected 26 startups will be invited to the Grand Finale
    (Event format will be announced shortly).

  • CONTINUITY INVESTMENT

    The selected startup will have a chance to raise continuity investment through NRI Startup India.

* Investment is equity based.

Timeline

Apply Online

Sep 09th - Oct 22nd

Evaluation / Screening

Oct 23rd - Nov 06th

Offline Pitching Event

Nov 10th

Grand Finale

Dec 2017

CATEGORY

  • blockchain
    Blockchain
    Cryptocurrency
    Exchange
  • POS
    Check Out
    POS software
  • biometrics
    Security and biometrics
    Fraud & Authentication
  • P2P
    Payments Solutions
    P2P Transfers
    (Mobile and Wallets)
  • Crowd funding
    Lending
    Crowd-Funding
    Supply Chain Financing
  • BFSI
    Innovative solutions in Banking
    Financial services
    and Insurance (BFSI)

Eligibility Criteria

  1. 1.

    With a prototype or validation in market.t

  2. 2.

    Traction in terms of Revenue/Clients (preferred).

  3. 3.

    Startups should not be more than 3 years old.

  4. 4.

    Startups with the potential to go global.

  5. 5.

    Atleast a team of 2 should be working on the project.

Selection Criteria

Our jury will select the startups on below parameters

  • Problem Solving
     
    Startups with a simple solution and a powerful impact
  • Team
     
    Passionate founders and a team that believes in their vision
  • Innovation
     
    Technology behind the original solution and future scope
  • Global Scalability
     
    Sustainable startups that have scalable models

FAQs : What else should I know?

Global Startup Challenge is an initiative of NRI Startup India to empower innovations & startups across the globe through the platform STARTUPP. It's a series of challenges which will get launched every quarter across multiple sectors, the first being the - Fintech. The challenge runs across 26 global clusters (196 countries) where our objective is to identify startups that have the potential to become the next unicorn in the world.
The current challenge is for the FinTech sector. Other sector challenges will follow soon.
Startups can apply online. There are no application fees.
Global startup challenge has 26 clusters. Each Cluster has set of countries defined. The clustering is done considering the geographies, stage of the ecosystem and regional partnerships.
The startups selected by the jury will be invited to a video conference to pitch for 20 min followed by a 10 min Q&A.
Yes, the funding is against equity.
STARTUPP team will communicate (via email) to all the shortlisted startups.
You can connect at - challenge@startupp.com
The partnership is at the heart of everything we do at STARTUPP. We are driven by our vision to build trust and opportunity globally that can only be achieved by working with our partners. We’re interested in exploring partnership opportunities with you. Contact us at challenge@startupp.com to learn more.
Two weeks post the completion of each cluster challenge, the winner will be announced.

Partners

Global Investment Partner

  • Supporting Partner
  • Global Outreach Partner

Accelerator Partner

  • Jade Value
  • MKB Fin-Tech Lab
  • Inno Hub Luxembourg
  • Building Global Innovators
  • Super Charger

Cloud Partner

  • IBM Global Entrepreneur

Community Outreach Partners

  • Startup Rad
  • Venture Garage
  • All Work
  • World Startup Factory
  • Startups.be
  • Slovakia Hub
  • Startup Chile
  • Youth Social Innovation
  • Latam Startups

Coworking partner

  • Incuspaze
  • Cluj Cowork
  • Cribb
  • Office Camp

Digital Partner

  • Venture Daily
  • Berlin Valley

Incubation Partners

  • Paypal
  • 5 Desire
  • Sector 5
  • SU Incubator
  • Cross Spring Labs

Magazine Partner

  • Business World

Online media partner

  • selbststaendigkeit

Startup Eco-system Partners

  • TiE Hyderabad
  • TIE Ahmedabad
  • NASSCOM 10K Startups
  • Z Nation Labs
  • TiE Chennai
  • T-Hub
  • Tec Labs Centro De Innovacao
  • Wadhwani NEN

Technology partner

  • HubSpot