Completed

Hackfest 2024: Accelerating Rural Credit

Solutions to overcome liquidity gap in Rural Bharath using India Stack.

Aug - Sep 2024

Virtual + Hybrid Finale

Context of the Event

Theme: Bharat Bankable – Bridging the Liquidity Gap

The Mission

"While India's cities transact in milliseconds, Rural India still waits months for credit. The Liquidity Gap prevents our farmers and rural entrepreneurs from growing. We are looking for App Innovations that use the power of the India Stack (OCEN, UPI, AA) to deliver credit as fast as a WhatsApp message."

Challenge Tracks

Track A: The Invisible Borrower

Challenge: Alternative Credit Scoring using non-traditional data (SMS logs, crop health, milk records).

Track B: Liquidity for Supply Chain

Challenge: Instant Invoice Discounting for FPOs using smart contracts.

Track C: The Migrant Link

Challenge: Remittance-Backed Credit Lines for families in villages.

Event Schedule

Phase	Timeline	Key Activities
Week 1	Launch	Portal Live, Webinars
Week 2	Submission	Idea Submission & Filtering
Week 3	The Build	Virtual Hack, Mentor Hours
Week 4	Finale	Code Freeze, Grand Finale Pitch

600+

Entries

4 Weeks

Sprint Mode

15

Finalists

3

Winning Solutions