L&T Finance (LTF), one of India’s leading non-banking financial companies, has launched ‘Pitch Point’, a competition for AI startups in the run-up to RAISE’ 25—the country’s premier AI event for the BFSI sector. The contest will identify and back early to growth-stage startups that are building AI products for BFSI and Non-BFSI sectors.
Two winners will get ₹25 lakh each, an opportunity to explore a proof of concept with L&T Finance or other companies in the L&T Group and a chance to discuss potential equity investment with the L&T Innovation Fund, the group’s venture capital arm.
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Startups with solutions in cybersecurity and fraud prevention, rural and agri fintech, GenAI applications, embedded finance, smart contract and blockchain, alternate data-based lending, AI-driven credit scoring and risk assessment, regulatory tech and compliance, digital financial and robo-advisors, AI-powered collections and recovery, agentic AI for enterprise, image processing and recognition, and AI geospatial and remote sensing are encouraged to apply.
Applications are open till October 20, through the official Pitch Point portal. Shortlisted startups will be invited for a virtual round before five finalists are chosen to pitch live at RAISE’ 25, which will be held on November 7, at the Jio World Convention Centre, Mumbai.
“Given L&T Finance’s sharp focus on leveraging next-generation AI technologies to transform our lending business, this competition is a significant step towards identifying, mentoring, and investing in the next set of game-changing startups,” said Sudipta Roy, MD and CEO of L&T Finance.
“The launch of ‘Pitch Point’ underscores our commitment to fostering innovation and discovering new AI solutions that can deliver value not only in BFSI but across industries,” Roy added.
The panel of judges includes:
- Rajan Anandan (Peak XV Partners)
- Tanusree Deb Barma, IAS (UIDAI Technology Centre)
- Piyush Shah (InMobi & Glance)
- Sushma Kaushik (L&T Innovation Fund)
- Arpit Agarwal (Blume Ventures)
- Dr. Debarag Banerjee (L&T Finance)
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About RAISE’ 25
RAISE’ 25, themed ‘Accelerating Financial Services with AI’, is India’s biggest AI-focused BFSI event, hosted by L&T Finance. The second edition will feature deep dives into applied AI, live use cases and hands-on experiences in generative and predictive AI zones, following the success of RAISE’ 24, which saw over 4,500 participants from across tech, finance and policy.
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