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ICICI Bank announces 4th edition of ICICI Appathon

ICICI Bank announced the launch of the 4th edition of ‘ICICI Appathon’, a virtual challenge for startups to create next generation products and solutions. Under the project, startups can develop unique products by using over 250 APIs hosted on the bank’s API Banking portal. Participants need to envision innovative solutions around diverse set of APIs in categories like lending, payments, retail and corporate banking, trade among others. Anup Bagchi, ED at the bank, said the bank has been at the forefront of digital innovations since its inception and it is continuing to seek opportunities to collaborate with the wider startup ecosystem, which will help foster rapid innovation and bring in value addition for its customers. The program is open to startups and companies and the participating teams should use at least one of the listed ICICI Bank APIs available on the website. These innovative solutions will be judged on the basis of multiple parameters like its concept, uniqueness, functionality, business potential, user experience and scalability. The finalists will also get a chance to work with ICICI Bank’s Business and Technology teams to improvise their solutions before the grand finale.

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