AR | ML Challenge

Grameen Foundation India’s

Technology for Growth and Inclusion Challenge

Deadline to Apply 20th November 2021

Deadline to Apply 20th November 2021

Download the RFP

 About Grameen

About the Challenge

Grameen Foundation India is working on a project for business correspondent agents and rural customers to address their financial services learning needs. In the project we will be working with several business correspondent institutions and Banks covering approximately 2,50,000 customers. We want to develop a mobile based application for delivering financial literacy to Business Correspondents and their customers using Augmented Reality and Machine Learning.

We have observed through different empirical findings that educating moderately literate and rural customers through physical training sessions needs to change and move to a digital, self-operating and fun mode. And we believe that new-age technology like Augmented Reality has the potential to make learning engaging and fun.

With the above in mind, Grameen Foundation India has conceptualised a Technology for Growth and Inclusion Challenge where entities working in the Augmented Reality and Machine Learning space will design a mobile application for educating the rural customers and banking agents. The five shortlisted institutions will get prize money to work on the prototype and the selected institution will be awarded the contract to develop the final application for the project. We will unveil the challenge and will share the details of the request for proposal (RFP) document in the webinar on 06th August,2021| Friday | 11.00-13.30 IST. For more details on the high level requirement and application process, please download the RFP document from here or Scan the QR code below to download it on your mobile for on the go reference or forwards.  

About the Challenge

Grameen Foundation India is working on a project for business correspondent agents and rural customers to address their financial services learning needs. In the project we will be working with several business correspondent institutions and Banks covering approximately 2,50,000 customers. We want to develop a mobile based application for delivering financial literacy to Business Correspondents and their customers using Augmented Reality and Machine Learning.

We have observed through different empirical findings that educating moderately literate and rural customers through physical training sessions needs to change and move to a digital, self-operating and fun mode. And we believe that new-age technology like Augmented Reality has the potential to make learning engaging and fun.

With the above in mind, Grameen Foundation India has conceptualised a Technology for Growth and Inclusion Challenge where entities working in the Augmented Reality and Machine Learning space will design a mobile application for educating the rural customers and banking agents. The five shortlisted institutions will get prize money to work on the prototype and the selected institution will be awarded the contract to develop the final application for the project. We will unveil the challenge and will share the details of the request for proposal (RFP) document in the webinar on 06th August,2021| Friday | 11.00-13.30 IST. For more details on the high level requirement and application process, please download the RFP document from here or Scan the QR code below to download it on your mobile for on the go reference or forwards.  

Webinar/Inauguration

6th August 2021
Friday , 11.00-13.30 IST 

 

Webinar Agenda

Venue

Virtual Mode

Proposal Submission Deadline

20th November 2021

RFP Document

Download Here

Webinar/Inauguration

6th August 2021

Friday , 11.00-13.30 IST

Webinar Agenda

Venue

Virtual Mode

Proposal Submission Deadline

20th November 2021

RFP Document

Download Here

Benefits for AR Challenge Winner & Finalists

Benefits for AR Challenge Winner & Finalists

 Our Work in Financial Inclusion

2,50,000

Customers

09

Institutions

14

Partners

09

States

 Our Work in Financial Inclusion

2,50,000

Customers

09

Institutions

14

Partners

09

States

Speakers for the Webinar

Ambarish Mitra

Dipika Prasad

Gaurav Chakraverty

Nataraj Kuntagod

Pankaj Mishra

Piyush Singh

Prabhat Labh

Pradeep Khanna

Purna Roy Chowdhury

Sasidhar Thumuluri

Shivangi Jain

Speakers for the Webinar

Ambarish Mitra

Dipika Prasad

Gaurav Chakraverty

Nataraj Kuntagod

Pankaj Mishra

Piyush Singh

Prabhat Labh

Pradeep Khanna

Purna Roy Chowdhury

Sasidhar Thumuluri

Shivangi Jain

Jury Members

Dr. Abhishek Agrawal

Ambarish Mitra

Anurag Agrawal

Chetna Gala Sinha

Gaurav Chakraverty

Natraj Kuntagod

Piyush Singh

Prabhat Labh

Jury Members

Dr. Abhishek Agrawal

Ambarish Mitra

Anurag Agrawal

Chetna Gala Sinha

Gaurav Chakraverty

Natraj Kuntagod

Piyush Singh

Prabhat Labh

Stages of Selection

Stages of Selection

Progress Of the AR Challenge

Progress Of the AR Challenge

Finalist

Deeploop Technologies

SatoriXR

Mucrest Technologies

Finalist

Deeploop Technologies

SatoriXR

Mucrest Technologies

Winner

Satori XR

Winner

Satori XR

Frequently Asked Questions

The challenge is for technical institutions working in the domain of Augmented Reality and Machine Learning to develop a mobile application to solve the training and awareness challenges of the moderately literate customers and business correspondents (banking agents) – More can be checked here

This challenge is sponsored by Grameen Foundation India to come up with prototypes and a final application to achieve the objectives as mentioned in the RFP document

Any institution which can develop the mobile application with the AR and ML capability to solve the challenge mentioned in the RFP document and is willing to transfer the ownership of the prototypes and final application to Grameen Foundation India. An experience of at least three years of developing such application in the financial services industry will be preferred, a working experience in the Financial Inclusion space will be highly preferred.

For our current requirement, we are looking for application development institutions only. You can apply to be a speaker for our webinar or a mentor for the project. Please share your interest through the form below.

  1. The proposed solution through detailed .Pdf proposal and PPT presentation, understanding of the assignment, inclusion and explanation on the points mentioned in the RFP will contribute to 60% and the budget will contribute to the rest 40% of the evaluation criteria
  2. Success full applicants that will score more than 60% on the evaluation parameters will be contacted and considered for the first round of discussion and presentation to the expert panel, constituted by the Grameen Foundation India team.
  3. Applicants scoring more than 80% in the above stage will be considered for the budget and approach negotiation, if required and will move to the next stage of prototyping
  4. A total of INR 1 lakh will be given to each of the top five applicants using which the institutions will have to develop a working prototype application along with a human-centred design expert/agency provided by the Grameen Foundation India team
  5. One/Two selected agencies will be onboarded by the Grameen Foundation India team to develop the live application and will be provided with a fund to do so.

The last date of the proposal submission to GFI is 23rd August 2021

Under the current requirement, we are looking forward to working with entities registered in India only.

Frequently Asked Questions

The challenge is for technical institutions working in the domain of Augmented Reality and Machine Learning to develop a mobile application to solve the training and awareness challenges of the moderately literate customers and business correspondents (banking agents) – More can be checked here

This challenge is sponsored by Grameen Foundation India to come up with prototypes and a final application to achieve the objectives as mentioned in the RFP document

Any institution which can develop the mobile application with the AR and ML capability to solve the challenge mentioned in the RFP document and is willing to transfer the ownership of the prototypes and final application to Grameen Foundation India. An experience of at least three years of developing such application in the financial services industry will be preferred, a working experience in the Financial Inclusion space will be highly preferred.

For our current requirement, we are looking for application development institutions only. You can apply to be a speaker for our webinar or a mentor for the project. Please share your interest through the form below.

  1. The proposed solution through detailed .Pdf proposal and PPT presentation, understanding of the assignment, inclusion and explanation on the points mentioned in the RFP will contribute to 60% and the budget will contribute to the rest 40% of the evaluation criteria
  2. Success full applicants that will score more than 60% on the evaluation parameters will be contacted and considered for the first round of discussion and presentation to the expert panel, constituted by the Grameen Foundation India team.
  3. Applicants scoring more than 80% in the above stage will be considered for the budget and approach negotiation, if required and will move to the next stage of prototyping
  4. A total of INR 1 lakh will be given to each of the top five applicants using which the institutions will have to develop a working prototype application along with a human-centred design expert/agency provided by the Grameen Foundation India team
  5. One/Two selected agencies will be onboarded by the Grameen Foundation India team to develop the live application and will be provided with a fund to do so.

The last date of the proposal submission to GFI is 23rd August 2021

Under the current requirement, we are looking forward to working with entities registered in India only.

SPONSORS

PARTNERS

SPONSOR

PARTNERS

Apply to be a Mentor for the challenge 

Apply to be a Mentor/Speaker for the challenge 

.