Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Industry News

| More

Start ups - Blue Ocean Market Intelligence and HelloSoda India win Angel Broking's Fintech Challenge

Posted On: 2017-03-28 19:16:21

Angel Broking in association with KPMG and Andhra Pradesh government conducted Start-up challenge at Fintech Valley - Vizag

Technology startups Blue Ocean Market Intelligence and HelloSoda India emerged as the winners of the Capital Markets segment of the Fintech Start-up Challenge 2017, powered by Angel Broking, India's top retail-focused broking firm, in association with the Andhra Pradesh Fintech Valley at Vishakhapatnam.

The participating start-ups were invited to take up Angel Broking's stated challenge of "Real-Time Social Profiling of Customers". The shortlisted Fintech firms were requested to showcase and demonstrate their solutions at Fintech Spring Conference at AP Fintech Valley.

Out of 30 entries, top 8 challengers presented their solutions for over two days which was scheduled for 9th and 10th March, 2017. A tie between Blue Ocean Market Intelligence and HelloSoda India won Rs 5 lakh cash prize! - on the back of their innovative, out-of-box solutions that thoroughly impressed the jury.

Applauding the winners of the Fintech Start-up Challenge 2017, Mr. Vinay Agrawal, CEO, Angel Broking said, "We are in a digital age where technology has been disrupting everything around our lives. Angel Broking has always been on the forefront for bringing in technological advancements for the betterment of investors. We strongly believe that technology has the power to transform the way we conduct financial transactions. We want to work closely with technology startups to revolutionize and enhance the experience of retail investors through our robust digital platforms. At the Fintech Valley- Vizag, we came across some really innovative solutions for our challenge statement, and are pleased to announce the winners. We thank the Andhra Pradesh government and KPMG for giving us this opportunity and we look forward to many such platforms to spot disruptive ideas in Fintech."

While Blue Ocean Market Intelligence presented its solution developed on its proprietary "Digital Persona and Insights Solution" platform, HelloSoda India's solution was built on its "PROFILE" platform. The winners will also get privilege as a wild-card entry into the challenges to be launched by Fintech Valley in future.

The aim of the challenge for Angel Broking was to assess the solutions and showcase proof of concept with the promising ones. With their problem statement - 'Real Time Social Profiling of Customers', Angel Broking is looking for a solution that would enable real time social profiling of new and existing customers on the basis of attributes such as demographics, age-group, income bracket, social data (Facebook, Twitter, LinkedIn, Instagram) and mobile application usage (such as presence on financial applications such as Moneycontrol, Yahoo! Finance) etc. The solution was required to have a combination of functionalities like a built-in learning model with pre-defined data points customizable as per requirements and the capability to analyze Qualitative/Quantitative data (e.g. psychometric analysis/social data/online data/ non-financial data etc.).

In a bid to make the city of Visakhapatnam the Fintech hub for the country and the world, Andhra Pradesh's Fintech Valley Vizag conducted the first Fintech innovation challenge for Angel Broking. With financial service firms adapting to the country's transition to a digital economy with the introduction of debit cards, ATMs and e-commerce, there is an increasing need for them to collaborate with the firms specializing in financial technologies. The Fintech Startup Challenge is an opportunity for start-ups and individuals to develop a solution to enable real-time social profiling of customers in the era of big data. The event also provided an excellent opportunity for the Fintech firms to showcase their solutions to the leaders in the Indian Financial Industry.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

ICAI committed to conclude the disciplinary process against those found involved in the PNB scam
Fintech startup BuyForexOnline looks to raise $2m for its next phase of growth
Wipro Consumer Care and Lighting forays into home automation space
Catholic Syrian Bank announces proposed investment by Fairfax India
KIFS Tade capital launches interactive Chatbot service #AskSubbu
Moneycontrol becomes India's first financial platform to launch a dedicated section on Cryptocurrency
DBS Group Chairman Peter Seah conferred Institute of Directors (IOD), India Distinguished Fellowship
Essar concludes sale of Aegis to Capital Square Partners for US $ 300 Million (Approximately Rs.2,000 crore)
ESAF Small Finance Bank kicks off operations in Mumbai
2.0 Audio Launch Sets Benchmark for International Film Events in Dubai
BSE and Ebix Sign MOU to Launch Joint Venture Company
Comments on on 'Pradhan Mantri Sahaj Bijli Har Ghar Yojana' - Power for All
SVC Bank launches hassle-free ASBA facility for IPOs
Flipkart's Big Billion Days To Kick In From September 20
Genpact Acquires Digital Customer Experience Consulting Firm TandemSeven
PAYBACK India Announces Appointment of new CEO
IndiaFirst Life acknowledged with Social Inclusion Award 2017 by Fintelekt
Apollo Munich Launches India's First Travel Insurance Chatbot - 'Travel Ninja'
On its run up to an IPO, ShopClues appoints Deepak Sharma as CFO
Cognizant Opens New Digital Business Collaboratory in London
Morphy Richards appoints J Walter Thompson as their creative agency
edX partners with IL&FS / IFIN to launch learning academy
PAYBACK India wins the Best Loyalty Program 2017 award at CMO Asia 'National Awards for Marketing Excellence'
Hyundai Launches the Most Unique & Global 'Online Buying Experience'- 'HyBuy'
Myntra launches The Game of Thrones collection ahead of the much awaited season 7
DBS Bank Strengthens India franchise on 24% growth in advances and 15% in deposits during FY 2016-17
Apollo Munich Health Insurance ranked as top 'Great place to Work' in Indian Insurance Sector
92.7 BIG FM's New and Refreshed Stationality in Bengaluru, Celebrates Music With 'Sandalwood Jothe Bollywood Blast'
Omega Healthcare inaugurates 4th facility in Trichy
Broadridge Opens Fourth Office in India in Bangalore
Myntra targets 25x sales; 4 lakh new customers during the 6th edition of its flagship - 'End of Reason Sale'!
ARQ Midcap stocks gives its investors' 42.66% return on investments
Now check Train PNR status after booking tickets on Paytm
LANXESS to streamline the chrome value chain of its leather business
BankBazaar android app crosses 1Million downloads launches 'GST Caf├ęs' to train sellers on GST compliance
Overnite Express looking for franchise to expand all across the country
Salman Khan's Tubelight to be released across 4400 screens in India
Paytm introduces zero cancellation-handling fees for flight tickets
Finvasia introduces Zero brokerage trading - The new age of stock trading arrives
AGS Transact Technologies Limited to implement Automatic Fare Collection system for the Kochi Metro
LANXESS expects best results in company history in 2017
NIIT University (NU) addresses IT industry's urgent need for Next Gen digitally skilled engineers
Union Ministry of Food Processing Industries launches World Food India Website
Hospitals, bidi workers and public health organizations welcome's GST Council decision to tax all tobacco products including bidis at 28% saving millions of lives
Gionee India Ropes In Prabhas as Brand Ambassador; Welcomes A Mighty Addition to The World Of #Selfiestan
Angel Broking bags prestigious 'Commodity Broker of the Year Award'
Angel Broking brings UPI in Investing
Bayer wins 'Best Employer in India 2017' Award
Yogi Adityanath cancels bids to procure 3800 MW power: Angel Broking

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2018