<h1>NBFC launches startup AI challenge offering two winners INR 25 lakh, PoC opportunities and potential venture equity talks</h1> A non-banking financial company has launched a startup competition for early-to-growth AI ventures ahead of an industry AI event, offering two winners INR 25 lakh each, potential proof-of-concept opportunities with group companies, and discussions on possible equity funding with the firm's venture arm. Eligible solutions must align with specified domains (e.g., cybersecurity, generative AI, embedded finance, alternate-data lending, AI-driven credit scoring, regtech, image recognition, geospatial). Applications require a pitch deck and demo; shortlisted firms face virtual interviews, with five finalists presenting live. The program sets application and final-event dates and will announce a shortlist before the culminating conference.