Futurance, corporate engagement program, launched by HDFC Life and IvyCamp, an initiative of IvyCap Ventures Advisors, has now entered its fifth phase. The last four phases have successfully provided opportunities for eleven startups to engage with HDFC Life’s leadership, collaborate with the business teams, expand their customer base, and commercialise their products. Startups from the fraud detection and metaverse space got selected in the fourth phase.
Phase 5 of the Futurance program, aims to scout for startups across the following use cases including but not limited to alternate and augmented data, medical/health tech: remote health testing for customer on-boarding and underwriting, Innovative Sales Tech, AI-based Vision and Voice solutions.
Speaking on the launch of the fifth phase Prasun Gajri – Chief Investment Officer, HDFC Life, said, “… The first four phases have witnessed over 450 applications. In the fifth phase we look forward to collaborating with young minds and integrating fresh ideas and innovative tech that will enable us to offer value to all.”
Anju Gupta, Co-founder and President of IvyCamp said, “….Today, with the launch of Phase 5 of Futurance, we are excited to continue this partnership to create growth and value through the startup ecosystem, and continue adding value for HDFC Life.”
mFilterIt and GMetriXR got selected as the winners of Phase 4 and these two companies will work with HDFC Life. Two startups TouchlessID and Perkant Tech who also participated in the final round received a special mention from team HDFC Life.
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