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Empower Innovations & Startups across 196 countries
Hunt for the next Unicorn

Who we are

ABOUT US

NRI Startup India’s vision and mission, through the initiative of EDGE 196, is to inculcate the status of empowering startups from around the globe. This process leads to a global outreach including News, Global Events, Startup Competitions and Stories. Following their motto and passion, EDGE 196 provides with a platform titled “Global Startup Competition”. A global competition, led by these creative minds, brings forth the Global Ecosystem in your midst. An international platform, EDGE 196 aims to achieve its mission through a forum where intellect and technology meet to create a better life.

 

ABOUT CHALLENGE

Global Startup Challenge 2017: FinTech is an initiative  to empower innovations & startups across the globe through the platform EDGE 196. The Competition runs across 26 global clusters (196 countries) where our objective is to identify startups that have the potential to become the next unicorn in the world.

The short-listed startups (3 from each cluster) are invited for an online pitch & the 26 potential startups (one finalist from each cluster) are selected & offered the term sheet and acceleration program run by one of our global partners.

Benefits

  • GLOBAL MARKET ACCESS

    The potential startups will be facilitated and introduced to the most fitting global markets.

  • INVESTMENT

    The winning startups from each cluster will get an investment of 50,000 USD +*.

    One final winner will get an investment of 1 Million

  • ACCELERATION

    Selected startups will get an opportunity to enter into Acceleration program run by one of our global partners.

  • STARTUP SUMMIT

    The winning startups will be invited to the Grand Finale in New Delhi

  • CONTINUITY INVESTMENT

    The selected startup will have a chance to raise continuity investment through Global Investment Partners.

* Investment is equity based.

TimeLine

  • Aug 01 2017 - Jan 31 2018

    Apply Online

  • Feb 01 2018 - Mar 31 2018

    Evaluation / Screening By The Experts

  • Apr 2018

    Grand Finale - New Delhi

Categories

    EduTech

  • Smart Learning
  • Effective monitory solutions for education
  • VR and AI based solutions
  • Better education for rural areas
  • Gamification and scientific learning
  • Innovative gadgets and tools for education
  • Any other Edu-Tech innovations

    HealthTech

  • Healthcare and Pharmacy platforms
  • Innovations in laboratories, diagnosis and life science equipments
  • Big Data and AI solutions for medical industry
  • Connected Medical products and services
  • Health-Tech for rural India
  • Any other Healthcare innovations

      BioTech

    • Fermentation and Brewing technologies
    • Biofuels and Bio-Degradable solutions
    • Computational Genomics
    • Nano Technologies
    • Any other Bio-Tech innovations

    Blockchain

    Cryptocurrency

    Initial Coin Offering (ICO)

    Banking/Payment on Blockchain

    Payment solutions (Mobile & Wallets), Digital wealth management

    Check Out, POS software

    E-Commernce & ERP

    Mobile banking

    Security and biometrics

    Fraud & Authentication

    AI, Machine Learning & Robotics

    IoT & Big Data

    Crowd Funding

    Lending: P2P, Small business, Consumer, Credit & Underwriting

    Real Estate: Digital mortgages, Residential/commercial

    Supply Chain Financing

    Banking on social media

    Asset management, Hedge fund, Off shore fund management

    Equities, Exchange

    Innovation solutions in digital banking, financial services and Insurance (BFSI), Bank partnerships

    Global financial inclusion & Financial wellness

    Conversational banking

    Rural FinTech Solutions

    Branch Transformation

    Cloud solutions in financial services

    AgriTech

  • Solutions for agriculture monitory
  • Agriculture supply chain models
  • Agriculture Marketplaces platforms
  • Inventions and practices in crop protection
  • Innovations in agriculture sector
  • Data driven platform for farmers

    FutureTech

  • Blockchain
  • Initial Coin Offering (ICO)
  • Big Data and Analytics
  • Internet of Things
  • Virtual & Augmented Reality
  • Artificial Intelligence
  • Robotics and Machine learning
  • Drone
  • CyberSecurity/Hacking QuantumComputing
  • 3D Printing

    Climate Energy / Social Impact

  • Any innovations impacting bottom of pyramid

    Real Estate & Infra

  • Coming Soon...

    Smart Citys

  • Coming Soon...

    Others

  • Startups from the sectors not mentioned above can still apply (open for other sectors).

Eligibility Criteria

    • With a prototype or validation in market.
    • Traction in terms of Revenue/Clients (preferred).
    • Startups should not be more than 3 years old.
    • Startups with the potential to go global.
    • Atleast a team of 2 should be working on the project. 

Selection Criteria

The jury will select the startups on below parameters.

    • Problem Solving :

      Startups with a simple solution and a powerful impact.

    • Team :

      Passionate founders and a team that believes in their vision.

    • Innovation :

      The technology behind the original solution and future scope.

    • Global Scalability:

      Sustainable startups that have scalable models.

     

Some of our panel of evaluators

Mircea Vadan

Mircea Vadan

Romania

Mircea's focus is on product management and acceleration programs. He worked in several startups and he co-founded Cluj Startups community. Nowadays he works as a consultant for companies building tech products and he is organizing programs for startups.

Carole Adeline

Carole Adeline

Luxembourg

Carole Adeline works as Marketing and Innovation Manager at InnoHub Luxembourg, a soft landing platform and accelerator that helps innovative ventures strategically enter international markets. Specialized in Marketing of Innovation and Entrepreneurship & Project Management, Carole supports late stage innovative start ups in their process of fundraising and internationalization from Luxembourg.

Falk Fernbach

Falk Fernbach

Luxembourg

Falk Fernbach is specialised in all types of value creation processes, holds a BA, MA and MBA and is currently the chief operating officer of two consultancy agencies named Exxus and Sustain. Exxus is active in the field of strategy, innovation and marketing, and Sustain is operative in the field of sustainability, technology and smart city. The agency Exxus is co-founder of the InnoHub Luxembourg, a privately held soft-landing platform and accelerator for start-ups and companies.

Mohamed Rady

Mohamed Rady

Egypt

Mohamed Rady is manager of the INNO 101 StartUp Accelerator in Alexandria, Egypt. During the last four years, INNO101 invested & supported many startups. As the Country Champion for Google Business Groups, Rady & GBG are helping in the development of the local business community in Egypt since 2012. Rady is also a judge, facilitator, mentor and master mentor supporting entrepreneurs and small business owners through many regional and global competitions.

Tal Catran

Tal Catran

Israel

Tal Catran – Accelerators Guru & International Keynote Speaker, Start-Up Ecosystem Builder. Tal is the undoubted Accelerators Guru, founded 9 accelerators programs in Israel and several globally, one of which is TLV Generator, a one of a kind program offering startup founders, missing a CTO onboard, SW development solutions so they can meet early adaptors within 4 months from joining the program, as well as 1 on 1 personal mentoring, office space in TLV and media exposure.

Petr Šrámek

Petr Šrámek

Czech Republic

Petr Šrámek is a Founder, Managing Director, AI Startup Incubator. He is a serial entrepreneur for more than 28 years with a belief that science and technology can help humanity to reach the new better level of being. He is the founder of AI Startup Incubator helping innovative teams in the field of Artificial Intelligence technology to grow into self-confident companies with global ambitions.

Moses Acquah

Moses Acquah

Finland

Petr Šrámek is a Founder, Managing Director, AI Startup Incubator. He is a serial entrepreneur for more than 28 years with a belief that science and technology can help humanity to reach the new better level of being. He is the founder of AI Startup Incubator helping innovative teams in the field of Artificial Intelligence technology to grow into self-confident companies with global ambitions. Moses Acquah is very much known as an individual with great passion for impact innovation

David Freeman

David Freeman

Canada

David Freeman is an experienced M&A & post-acquisition professional, focused on portfolio company operations and strategy, with a strong background in consulting and advisory. Significant international experience – having worked with companies North America, Europe, Africa and Asia.

Miriyam Lazarte

Miriyam Lazarte

Canada

A CEO and a Pioneer, Miriyam Lazarte connects the Canadian and Latin American innovation markets to develop better tights regarding Entrepreneurship, Innovation and Technology. She has co-founded the LatAm Startups, a non-profit organization based in Toronto helping startups to scale.

Frank Schwab

Frank Schwab

Germany

Frank Schwab is a Passionate speaker about innovation in FinTech, Crypto Currency, Blockchain, Banking and IT, CEO at GIZS Chairman at Hufsy.com, Member of Technology Advisory Board at Sberbank (Moscow), Co-founder FinTech Forum (Frankfurt). He has a broad and profound knowledge in the areas of strategy, creativity, innovation, management, project management, IT architecture and online businesses

Alex Puig

Alex Puig

Spain

Alex is the founder and leader of Digital Currency Summit, the first conference about virtual currencies for the financial world, focused on licensing and compliance, government advocacy, and strategic market development for banks and finance ecosystem. He is an Innovation consultant and tech entrepreneur with a global knowledge on how technology can impact in our economy.

Steve Robert Poulidis

Steve Robert Poulidis

Sweden

Steve is an electrical and computer engineer with specialization in Financial Engineering and Techno-economical systems. He is the co-founder of a greek NPO that offers academic orientation to high school students. He is also a core member of Oceanus Foundation, a start-up that uses blockchain technology to revolutionize the shipping industry worldwide.

Walli Ullah

Walli Ullah

United Kingdom

A Global Ambassador & Dealmaker, with special responsibility for the North West, to the UK Governments Global Entrepreneur Program. Walli is a successful entrepreneur with over 25 years experience in Film, TV and Digital Media. Walli has been at the forefront of developments in digital media and was an early pioneer of VOD and IPTV .Most recently responsible for the multi-million pound growth and sale of a global entertainment content production and distribution company.

Bernardo Bilotta

Bernardo Bilotta

Australia

Bernardo started being interested in the world of finance, technology and start-ups since a very young age. Bernardo got involved with one of the most innovative and disrupting fintech company in Australia, Pocketbook, which is changing the way Australia budget and save money, based on smart algorithm and data driven insights. At Pocketbook he continues to apply design thinking and lean methodologies to sustain user acquisition growth.

Hoong Chun Wong

Hoong Chun Wong

Singapore

Hoong Chun is co-founder of Venture Capital Movement and technology venture analyst, he focuses his investment thesis on retail and AI sectors and has experience working with start-ups founders and VCs in both London and Singapore. His university dissertation on” The organizational benefits of open innovation through challenge-based design sprint”, documented his works with bank and innovation agencies on open banking and retails problem statements.

Damilola Thompson

Damilola Thompson

Nigeria

Damilola Thompson is a corporate and commercial lawyer with bias for venture capital transactions. She believe SMEs are the stronghold of our society and there is so much that needs to be done to help position them for the role they are expected to play on the local scene and internationally.

Atul Narang

Atul Narang

Australia

Atul Narang is a serial entrepreneur, a digital geek, a certified project manager, trainer and the founder of HashChing. He was recognised and awarded CIO/CTO of the year at 2nd Annual Australian FinTech Awards 2017. He was also nominated as a finalist for CIO of the year at Australian Retail Banking Awards 2017.His experience spans from ideation to branding, building, launching and online marketing strategy for digital products

Werner Hochleitner

Werner Hochleitner

Australia

Werner Hochleitner is a Day Trading & Investment-Trainer / Motivational Speaker / Crypto Currency Consultant & Author who operates www.sicparvismagna.net. On this website he offers online video courses about daytrading, investing and trading psychology.

Taiwo Ajetunmobi

Taiwo Ajetunmobi

Nigeria

Taiwo Ajetunmobi is experienced Business Development and Strategy executive with experience across North America and fast growing emerging market (Nigeria - Africa). Specific expertise with Early Stage Startup , Technology Investment and Fundraising, Product & Business Go-To-Market Strategy, Sales Operations, General Management.

Ramkumar R

Ramkumar R

Dubai

Founder and Managing Director - Chartered Accountant, Lawyer, Masters in Finance, First Degree in Commerce, Executive MBA from Kellogg School of Management, Northwestern University - 10+ years of Core Investment Banking experience - Stint with American Express bank Ltd. Financial Institutions Group – M&A, PE and Cross border Practice - 25+ Cross Border partnerships and 100+ Private equity relationships - Guest lecturer IIM Ranchi, IIM Shillong and ICAI Dubai

Jürg Steiger

Jürg Steiger

Switzerland

Jürg Steiger is a passionate and inspiring business leader with a strong digital and startup/entrepreneurial mindset. He has 25+ years of international working experience (incl. New York/Chicago) in leadership roles. He has an excellent network in the Swiss banking and startup community with a particular focus on FinTech and InsurTech. He Combines strategic thinking with an enthusiasm of cross cultural team work. Enjoys building up teams and coaching startups.

Fola Olatunji-David

Fola Olatunji-David

Nigeria

Fola Olatunji-David is a constant learner, with a strong technical background and diversified work experience in several industries - mostly creating channels of business support in technology, retail banking, corporate finance, asset management, advertising and education sectors. He actively support startups and entrepreneurship 2.0, seeking for better ways to do things and connect people to solutions - speak to me about this!

Dr. Chritelle Scharff

Dr. Chritelle Scharff

USA

Dr. Christelle Scharff is a Full Professor of Computer Science at Pace University in New York City. She is currently the Chair of the Computer Science Department. She published more than 40 papers on global software development and mobile computing. She received a best paper award at the ICGSE 2009 (International Conference on Global Software Engineering) in 2009 for a paper entitled "Quality indicators on Global Software Development Projects.

Gabriel Cano

Gabriel Cano

Brazil

Gabriel Cano is a Private Equity analyst in Stratus Group since 2013. Since he joined Stratus' investment team he supported in both the Brazilian mid-market investment process and the further development of the fund's investees. In addition to his role in the Brazilian Private Equity scenario, he currently partnered with two start-ups to assist in their growth by sharing finance and investment knowledge. Gabriel is graduated in Business from Fundação Getulio Vargas

Thomas Budd

Thomas Budd

USA

Tom is the founder of CoinStrategem a crypto management consultancy and a co-founder of EtheraLabs and Dark Star Ventures, a crypto accelerator and asset fund respectively. He is a prominent blockchain keynote speaker and has produced award winning cryptocurrency/blockchain research at Booz Allen Hamilton. Based in NYC - he advises and mentors various blockchain & AI companies around the planet.

Saad Ahmed Sharif

Saad Ahmed Sharif

India

Saad Ahmed Sharif has more than a decade of experience as a programmer and analyst in industries such as Oil and Gas and banking in United Arab Emirates. He started his company, Detente Technologies in 2014, which now builds blockchain applications. His products includes Kiraya Do - An online rental payment system for India, PayRent- A blockchain based online rental payment system for the UAE, and PayFees - A blockchain based online fee payment system.

Moussa Beidas

Moussa Beidas

UAE

Moussa Beidas is a Startup Founder, Designer & Creative Strategist. He has had a global brand reach that includes DeNA (Tokyo), Tata DOCOMO (India), Skype, Mathaf Museum of Modern Art (Qatar), Microsoft (USA), Hero MotoCorp, i2, ALDAR(UAE), VOX Cinemas, Omran, Zayed National Museum, Qatar Museum Authority, and Emirates NBD. He holds a Bachelors of Science in Graphic Design with an emphasis on print and publishing.

Lex Sokolin

Lex Sokolin

United Kingdom

Lex is a futurist and entrepreneur focused on the next generation of financial services. He directs Fintech Strategy at Autonomous Research, a global research firm for the financial sector, helping clients understand and leverage innovation. Covered themes include roboadvice, neobanks and banks-as-a-platform, blockchain and the crypto-economy, artificial intelligence, chatbots, insurtech and regtech. Lex is on the Board of Directors and previously was the Chief Operating Officer at AdvisorEngine

Charles Plessis

Charles Plessis

France

Digital enthusiast, Mr. Charles help start-ups and business build connected and profitable activities in an entrepreneurial, customer and business oriented way. Expertise in Bank as a Marketplace / Bank as a Platform models, CX orchestration, Connected business. Track record in Financial services (banking, consumer finance, payments), Retail and Automotive. Skilled in Business Strategy, Business digitization & transformation.

Dusica Hannah

Dusica Hannah

Berlin, Germany

Dusica Hannah - Founder, Stizzbuzz.com/ Co-Founder, Tec-Hunch Experienced Strategist, Non-Executive Director, Mentor, Founder with a demonstrated history of working in the financial services industry and diplomacy. With strong entrepreneurship professional skills in Strategy, Business Models perfecting, Pitch performance, Fund Raising, M&A, Sales, Portfolio Management, Banking, Restructuring, Corporate Finance, Structured Finance.

Eric Wall

Eric Wall

Stockholm, Sweden

Eric Wall is a cryptocurrency enthusiast and researcher since 2012. He is always been interested in all things related to cryptocurrencies and blockchain/DLT, i.e. different technologies, platforms, protocols, trading, markets, investments, exchanges, strategy, business etc.

Hussein Hallak

Hussein Hallak

Canada

Hussein Hallak holds 25+ years of business experience, is a Serial Entrepreneur, Speaker, Startup Advisor, Angel Investor, General Manager and Head Mentor at Launch Academy. He has mentored and trained Western Canada`s leading tech startup hub with more than 500 startups incubated, $100+ million raised, and 1000+ entrepreneurs. Built 20+ startups. Mentored and trained 1000+ entrepreneurs. Extensive knowledge of startups, innovation, strategy, marketing, and social media.

Tracy Lagasse

Tracy Lagasse

Canada

Tracy Lagasse is Co-Founder & Chief Growth Officer of the Fintech Growth Syndicate. With over 20 years experience in corporate, consulting and startup businesses, she brings Innovation strategy and execution experience to their clients. Tracy has held senior roles within the global finance and technology industries in business development, product management, strategy and management. As the Innovation Principal, Tracy led commercialization for North American Fintech Products.

Alexandre Bernardi

Alexandre Bernardi

France

Alexandre Bernardi is a Board Member & Head of Business Development. He has always been interested in Fintech industry, Fundraising, Crowdinvesting, Real Estate, Startup, Entrepreneurship, European Investing

Syed Husain

Syed Husain

USA

As Principal Architect at Adarsa Services, Syed Husain is in a multi-faceted, agile and significantly dynamic role which is crucial in the process of planning and implementation of technology which enables digital transformations for his clients in financial services. He works closely with business leaders to develop business capability models and align them to IT architecture. He is a technology enthusiast with a passion for emerging technologies that drive business outcomes.

Michael Fernandes

Michael Fernandes

United Kingdom

FinTech Professional with 30+ years experience in a variety of regional and global technology management roles, possess strong multi-cultural stakeholder and people management skills. Have delivered complex business change program's, built divisions, and understand how different sized organisations and associated ecosystems operate.

Craig Borysowich

Craig Borysowich

Canada

Craig Borysowich has over 20 years of Technology Consulting experience with both public and private sector clients, including over ten years in Project Leadership roles. He has extensive background in designing robust solutions that bring together multiple platforms from Intel to Unix to Mainframe technologies with the Internet. Craig is also a Canadian technology startup accellerator/mentor - working with new companies and startups to produce viable business plans.

Fern Karsh

Fern Karsh

Canada

Fern Karsh is a lawyer and consultant focused on frontier asset management, fintech and cryptocurrency. Fern has 10 years of legal experience and seven years in asset management and securities law. Fern started her career at a full-service Bay Street law firm prior to occupying General Counsel and Corporate Secretary roles in investment fund management, supporting hybrid business needs and managing all of legal and regulatory compliance.

Rayaan Arif

Rayaan Arif

USA

Rayaan is a serial Entrepreneur and founder of FundingTree.com. He has a passion for tackling difficult problems. This passion has to lead him to find better ways to deliver Capital and Deal Flow using technology, marketing, and relationships he has cultivated over several decades. Rayaan has a Management Degree and a 20+ year career with Kodak, he has invested and launched several companies from Data Digital Marketing to Real Estate & Finance companies.

FAQs : What else should I know?

Global Startup Challenge is an initiative of NRI Startup India to empower innovations & startups across the globe through the platform EDGE 196. It's a series of Competitions which will get launched every quarter across multiple sectors, the first being the - Fintech. The Competition runs across 26 global clusters (196 countries) where our objective is to identify startups that have the potential to become the next unicorn in the world.
The current Competition is for the FinTech sector. Other sector Competitions will follow soon.
Startups can apply online. There are no application fees.
Global startup Competition has 26 clusters. Each Cluster has set of countries defined. The clustering is done considering the geographies, stage of the ecosystem and regional partnerships.
The startups selected by the jury will be invited for a video conference to pitch for 20 min followed by a 10 min Q&A.
Yes, the funding is against equity.
EDGE 196 team will communicate (via email) to all the shortlisted startups.
You can connect at - Competition@edge196.com
Partnership is at the heart of everything we do at EDGE196. We are driven by our vision to build trust and opportunity globally that can only be achieved by working with our partners. We’re interested in exploring partnership opportunities with you. Contact us at Competition@edge196.com to learn more.
Two weeks post the completion of each cluster Competition, the winner will be announced.

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