Axis Bank AI Challenge

To view the shortlisted teams, please click here

Axis Bank is one of the first new generation private sector banks to have begun operations in 1994.

Today it the third largest bank of the country, providing a wide spectrum of financial services to multiple customer segments – Retail, SME, Agri & Corporate.

Axis has always been forward in technology adoption and using tech in the creation of customer-centric products & services. This Hackathon is an initiative by Axis Bank to promote innovation in the country and help Startups/Developers and Student entrepreneurs to think out of the box and come up with great solutions for the bank. Purpose of this hackathon is to identify the talent and engage with them for co-learning and co-creating tech & business applications in a collaborative and fun way.

Format & Hackathon Phases:

The Hackathon will be divided into 3 phases. Each phase will have an elimination round.

Phase I - Ideation: September 12th to October 28th

In this phase, we want to learn about your approach towards building a solution for the chosen problem/problems. Briefly describe:

• Solution Design
• Tech Stack, you will be using (You cannot use any published APIs)
• Algorithms/Models you will be using

You don’t have to implement exactly what you describe in this phase. We understand that your approach, design, chosen stack, and methodology may change when you will start building the solution. This deliverable is to gauge your understanding of the problem and guide you towards the building of the right solution.

Shortlist announcement date: 4th November

Phase II: Prototype Development: November 5th to December 2nd

In this phase, your deliverable is a working prototype solution for the problem chosen. We shall provide you with training data sets. Teams may either submit their work via their GitHub repository links or via uploading zipped folders, along with instructions for the creation of execution environment and running the solution. The solutions will be executed and judged for their accuracy and experience.

Besides, you need to submit a write-up covering:

• Final solution design
• Algorithm/Models actually applied
• Tech stack used
• Accuracy attained
• Any deviations
• As an output, the system should return the table content in an excel format, same as the data sets for table recognition.

Shortlist announcement date: 8th December

Phase III: Finale at Thought Factory Office, Bangalore: December 15th to 16th

For the finale, you shall be invited to Axis Bank’s Innovation Lab, Thought Factory, for a 24-hour exciting hack. You will be accompanied by Bank’s tech leaders & data scientists in the final refining of your solution. The final solutions, on submission, will be executed by our mentors and judged for accuracy, scope coverage, usability, experience, and novelty.

Finalists shall get an opportunity to present and talk about their solutions before the senior-most management of the Bank.