Synd iNNOVATE 2019 was the National Level Hackathon conducted by Syndicate Bank in September 2019 to encourage Innovation in Banking Industry. [1] [2] It attracted more than 3,500 ideas [3] from applicants from all over India out of which final 40 teams were called for Onsite Hackathon. [4] [5] [6] [7]
Synd iNNOVATE 2019 had thirteen themes [8] to participate, which are as follows:
Synd iNNOVATE received more than 3500 Ideas in all the themes combined. [3] Then 400 teams were shortlisted to participate in 2nd round for submission of online prototype, out of these 400 prototypes, 40 were selected for final onsite Hackathon in Bengaluru. [9]
Synd iNNOVATE was managed by Bhanu Srivastav [9] [10] [11] from Syndicate Bank. [12] [13] who was working in Business Process Re-Engineering & Innovation Department in Syndicate Bank Corporate Office. The event was managed by Hackerearth. [14]
The Hackathon was scheduled in 3 phases:
Phase 1 Idea Submission (Online)
Phase 2 Prototype submission (Online)
Phase 3 Onsite Hackathon (Offline)
The prize money [14] for the winners was:
1st Prize - Rs 3,00,000/-
2nd Prize - Rs 2,00,000/-
3rd Prize - Rs 1,00,000/-
10 Consolation Prizes - 10,000/-
The final event was organized successfully in Bengaluru. [15] [16]
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