The National AgriInnovate Hackathon 2024, a prominent platform that merges agriculture and financial technology, concluded with the felicitation of its top three winners at the Global Fintech Fest (GFF) 2024 in Mumbai. The event, organized to foster innovation in agro-fintech, saw participation from some of the brightest minds in the country, aiming to revolutionize the agricultural sector through technological advancements.
Top 3 Winners of the Hackathon
Out of the top 10 finalists who showcased their innovative solutions during the Grand Finale on August 24, 2024, three teams emerged victorious:
Team Eldew Digital Pvt. Ltd.: Champion
- Members: Malvika Lal, Nitin Shinde, and Rishi Kudale
- Innovation: The team developed Utkrishi, a comprehensive digital platform designed to create a transparent and traceable ecosystem for agricultural transactions across the entire value chain. This platform not only enhances market linkages but also improves farmers’ access to credit through improved financial reporting, effectively strengthening agro-value chain linkages.
Team Rashail Agro: First Runners-Up
- Member: Saral Jain
- Innovation: Team Rashail Agro developed Fasalam, an innovative mobile application that revolutionizes agricultural advisory by providing farmers with real-time, data-driven insights. The app integrates AI and IoT to offer personalized recommendations, weather forecasts, soil health analysis, and market trends, empowering farmers to optimize yields, reduce costs, and adopt smart, sustainable farming practices.
Team Jalyan: Second Runners-Up
- Members: Jayatu Kanta Bhuyan, Milind Lakhwani, and Bidyasagar Hazarika
- Innovation: Team Jalyan created the Jalyan App, an intelligent platform that provides data analytics and Better Management Practice (BMP) scores for fish farmers. The app enhances fish farm productivity and addresses data gaps faced by BFSI players, enabling the creation of tailored financial products, alternative credit scoring, and risk models, thereby promoting sustainable livelihoods and financial inclusion for India’s fisheries sector.
Esteemed Jury Panel
The hackathon was judged by a distinguished panel of experts who guided and evaluated the finalists through this transformative journey. The jury comprised:
- Vikramjeet Mehla, Operations Head (Senior Manager), Akshamaala Solutions Pvt Ltd
- Dr. A. V. Bhavani Shankar, Chief General Manager, NABARD
- Prasad Rao, General Manager, NABARD
- Sonny George, Chief Technology Advisor, NABARD
These experts brought a wealth of knowledge and experience to the judging process, ensuring that the most innovative and impactful solutions were recognized and rewarded.
Celebrating Innovation in Agro-Fintech
The winners were honored at the Global Fintech Fest (GFF) 2024 in Mumbai, where they were celebrated for their exceptional innovation and creativity in tackling agricultural challenges. The event highlighted the importance of integrating technology with traditional agricultural practices to boost productivity, sustainability, and financial inclusion in India’s rural economy.
The National AgriInnovate Hackathon 2024, powered by Hack2Skill and presented by NABARD, underscores the potential of digital solutions in transforming the agricultural sector. By fostering such innovations, the hackathon aims to enhance the agro-value chain and bring about
