Students, startups hack ways to tackle financial fraud

The teams competed to showcase solutions for six problems – financial fraud detection, financial inclusion and credit offering, sea-level rise and coastal flooding, optimising food recycling, monitoring carbon footprint and boosting Singapore-India trade connectivity.

Union Minister for Education, Skills Development and Entrepreneurship Dharmendra Pradhan and Singapore’s Deputy Prime Minister Lawrence Wong awarded the winners at IITGN.

While the top three student teams won Rs 9 lakh, Rs 6 lakh and Rs 4 lakh respectively, the top three start-ups Haqdarshak, Pawsible Food and Pints won Rs 12 lakh, Rs 9 lakh, and Rs 6 lakh, respectively.

“The mantra of the G20 Presidency, ‘One Earth, One Family, One Future’, is the manifestation of ancient Indian concept of Vasudhaiva Kutumbakam, which means the world is one family.
The Singapore-India Hackathon is an initiative that encapsulates this noble thought,” Prime Minister Narendra Modi stated in a written message.

Twenty-four start-up companies from India and Singapore also showcased their stellar solutions at the hackathon.

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