Invest India & SoftBank Together Launch Challenge for Startups in AI, ML, Face Recognition & Cyber Security


Invest India, a government of India’s official investment promotion agency, and SoftBank Group of Japan have join hands to support top Indian startups that have developed a global product in the fields of Artificial Intelligence (AI), Machine Learning (ML), Face Recognition and Cyber Security.

Named as Tech4Future, the challenge has been launched by Invest India and Softbank together as a unique opportunity for startups in India to win $50,000 cash prize from SoftBank Group.

Additionally, the selected startups (according to quality of solution) will also be invited by SoftBank Group for incubation opportunity in Japan for 2-3 months.

Interested startups may apply here and provide all required details. An evaluation committee will review the details filled in by the startups and would select top startup basis novelty of their solutions, scalability and impact potential.

Last date for application is 31 December 2018

The challenge is open to all Indian startups that have built a product across any of the identified areas mentioned below –

  • Machine Learning
    Crowdsourced platforms/Data processing units leveraging technology to detect and block fake news
  • Artificial Intelligence
    Leverage technology to solve for global mobility problems with a focus on road traffic safety
  • Face Recognition
    Leverage technology to usher face recognition feature to the next level
  • Cyber Security
    Leverage technology to secure digital vehicle components and systems to avoid tampering

Source: IndianWeb2

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