FundingRs. 10 lakh to Rs. 30 lakh
Equity-free Idea Logistics & Mobility
ClosesJun 15, 2026
Closed Grant Equity-free
IIITD-IC FinTech Grand Challenge
by IIIT Delhi Innovation & Incubation Center
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** *
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About this scheme
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 **Rs. 5 lakh** prize pool distributed at the discretion of IIITD-IC.
* A **50% waiver** on the virtual incubation fee (Current fee: Rs. 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.
Who can apply
- The applicant must be a **DPIIT-recognised startup** across India.
- The startup must have **scalable, innovation-driven solutions** that are aligned with one of the FinTech challenge themes.
- The program is relevant for startups across all stages: Ideation, Validation, Early Traction, and Scaling Stage.
Official application
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Applications are submitted directly with IIIT Delhi Innovation & Incubation Center, in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with IIIT Delhi Innovation & Incubation Center. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does IIITD-IC FinTech Grand Challenge provide?
IIITD-IC FinTech Grand Challenge provides up to Rs. 5 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is IIITD-IC FinTech Grand Challenge currently accepting applications?
Closed on Dec 15, 2025. Always confirm the current window with the program authority before preparing your application.
Does IIITD-IC FinTech Grand Challenge take equity?
No. This program is listed as equity-free, which means the funding does not dilute your shareholding. Review the official terms for any debt or convertible components.
Important disclaimer
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
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