Angel Broking kick-starts a 'first-ever' partner-centric challenge to foster technology innovations

Angel Broking Pvt. Ltd., one of India's premium stock broking & wealth management houses organized "Digithon" - A first-ever time-bound challenge for digital solutions providers. Participants included start-ups as well as CMM Level 5 certified companies in the challenge. Prismic Reflections (Nashik), Bluestar Infotech (Mumbai) and Mastek emerged as the three top-performing teams.

'Digithon' - a 'first-of-its-kind' time-bound challenge aimed at getting digital solution providers to push their boundaries and come up with ground-breaking innovations to try and enable a fillip in technology for the online stock broking space. The challenge saw around 50 participants from across the country undergo a grueling 8 hours real-life business challenge where business requirements such as Digital Signature, Facial Recognition and other parameters were given as a case and they had to come up with the digital solution in three steps (Presentation, Demo and Q&A) to a jury. The time allotted for the final presentation was 20 minutes.

Prismic Reflections - a Nashik based company emerged as the winner of the Digithon challenge followed by Mumbai's Blue Star Infotech and Mastek as first and second runners-up. The winning team received Rs 50,000. All three winners will be given priority in communication going forward for digital projects at Angel Broking.

Mr. Sudhir Mishra - Tech Head, Godrej, and Mr Taral Soni - Head of Mobile and IoT, PWC, Mr. Subhojit Das - Associate Director - PWC along with Mr. Gagan Singla - CMO, Angel Broking and Mr. Devanshu Desai - Vice President (IT), Angel Broking judged the event.

Speaking about the event, Mr. Gagan Singla - CMO of Angel Broking said "Stock trading has two crucial deterrents - Time and Money. Hence, the digital requirement for this sector is highly complex with no room for error. Every solution needs to be Simple, Speedy, Seamless, and most importantly, Secure. "Digithon" is a perfect platform for India's humungous pool of technology talent to showcase their digital prowess and build scalable solutions. The successful teams got these 4 S's covered in the best manner in their proposed solutions; we will look forward to organizing more of such events in near future which will increase competition and also help the young individuals to prove their potential."

Source : Equity Bulls

Keywords