IvyCamp

COVID 19 Challenge

The 3 finalists shortlisted for the IvyCamp Covid 19 Challenge

300+

Targeted Applications

30+

Preliminary Pitch to HDFC Life

10+

Startups met HDFC Life Senior Management Team

7 Startups selected for POC

Few solutions we are looking for

Possibilities for innovation are not limited to sector or technology. We are looking to collaborate with startups bringing innovative solutions in the following focus areas.

Innovative Blockchain Networks and Applications

Solutions which can help network relationships across the insurance value chain in areas such as claims processing; managing independent agent contracts & policy management including renewals.

AR,VR and MR for customer servicing,marketing & engagement

Solutions which can be combined with AI to address digital sales and servicing for customer engagement in Insurance like QR codes, games for educating customers about insurance, Policy details by mobile camera etc.

Non Invasive Insurance Medical Innovations

Solutions for remote medical testing to replace the mandatory physical medical tests which customers currently undergo, that can help optimize the process of medical underwriting to make customer onboarding smoother.

Digital agency using AI

An AI based platform for sourcing, filtering, selecting and training young freelance candidates for insurance agent roles

Why Apply to Futurance

You will connect, collaborate, and commercialise with HDFC Life and IvyCamp, and get access to investment opportunities.

Connect

Direct access to key decision-makers

Collaborate

Work together with Industry experts and the HDFC Life business units

Commercialise

A business opportunity to scale across HDFC Life's countrywide presence.

Phase 1

Business Solutions

Alternate Data Sources

A noninvasive health monitoring and diagnostic solution for assessing current and predicting future medical conditions

Selected Startups

Business Solutions

Provide instant, paperless, electronic and authentic customer on-boarding solution for any industry with the help of Aadhaar

Alternate Data Sources

Sales engagement and mentoring to contain attrition of front line sales staff.

Identify opportunities and threats through static and transaction data analysis

Document Gamification

Sales engagement and mentoring to contain attrition of front line sales staff.

Model Perfomance on real data using AI.

Speech to Text

Sales engagement and mentoring to contain attrition of front line sales staff.

Empowers business with voice assistant on mobile or webapplications.

Phase 2

Business Solutions

Noninvasive Medical Diagnosis

A noninvasive health monitoring and diagnostic solution for assessing current and predicting future medical conditions

Selected Startups

Business Solutions

Pulse Active Station generates a report with over 21 body parameters and risk indicators for 12 lifestyle diseases and is placed in a public area with high footfall.

Noninvasive Medical Diagnosis

A noninvasive health monitoring and diagnostic solution for assessing current and predicting future medical conditions

Wellthy Therapeutics designs clinically validated behavioral interventions to help people change their behaviors and reduce their risk of chronic disease.

Intelligence Sales Engagements

Sales engagement and mentoring to contain attrition of front line sales staff.

Worxogo's AI sales coach improves sales teams' performance by using behavior design, neuroeconomics and AI to drive high-performance sales teams.

Selection Process

Step 1

Submit your application

Step 2

Screening and shortlisting of startup applications

Step 3

Face to face meeting with the IvyCamp and HDFC Life.

Apply Now

F.A.Q's

Q What is Futurance?

A

Futurance is a short term corporate engagement program to identify the innovative startups who can provide futuristic business solutions and also help build next gen capabilities. Some of the key areas being: Non-Invasive Medical Innovations, Blockchain Application – Innovative, Virtual Reality for Customers , Insurance Agent Entrepreneurs.

Q Who is eligible to apply?

A

We’re looking for technology focused early-stage startups with an ability to manage the scalability. Startups selection won’t be limited to the use cases, Startups with compelling products and who can add value to the Insurance industry can also apply for the program. For more details, visit selection process and use case section.

Q What is the format of the program?

A

Futurance is a short-term corporate engagement program, where the shortlisted startups will pitch to HDFC Life Senior Management for an opportunity for a Proof of Concept, Strategic Alliance and/ or Investment Opportunity.

Q How long does it take to respond to the application?

A

Once the application is received, the outcome of the application will be updated through a call or email from the IvyCamp team within 3 weeks.

Q What is the deadline for Application?

A

The call for application will be open until October 23, 2020. Please apply at the earliest.

Futurance Key Members

IvyCamp, 10th Floor, Prestige Meridian 1, MG Road, Near Bangalore Central, Bangalore - 560001

kiran@ivycampplatform.com

HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited)

Registered & Corporate Office:

Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011.

CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.

Tel No: +91 22 6751 6666/1800 266 9777.

Available on all 7 days from 9 am to 9 pm (Local charges apply). DO NOT prefix country code e.g +91 or 00.

Website - www.hdfclife.com

Disclaimer

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL HDFC Life OR ITS VENDORS BE LIABLE FOR DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL, OR EXEMPLARY DAMAGES WHATSOEVER ARISING OUT OF OR IN ANY WAY RELATING TO USER’S USE OF OR FAILURE OR INABILITY TO PARTICIPATE IN THE Futurance OR USE THE INFORMATION ON THE WEBPAGE AND PROVIDE SERVICES, BUT NOT LIMITED TO, LOST PROFITS, LOSS OF INCOME, LOSS OF OPPORTUNITY, LOSS OF OR DAMAGE TO GOODWILL, LOSS OF CONFIDENTIAL OR OTHER INFORMATION, BUSINESS INTERRUPTION, LOSS OF PRIVACY, FAILURE TO MEET ANY DUTY (INCLUDING OF GOOD FAITH OR REASONABLE CARE), NEGLIGENCE, OR ANY OTHER CLAIM FOR PECUNIARY OR OTHER LOSS WHATSOEVER, OR FOR ANY CLAIM OR DEMAND AGAINST HDFC LIFE, EVEN IF HDFC LIFE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THESE LIMITATIONS SHALL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY. The discretion of HDFC Life in terms of the application process, evaluation and confirmation on selected candidatures regarding the Futurance shall be final.

Although we make strong efforts to make sure our information is accurate, HDFC LIFE cannot guarantee that all the information on this website is always correct, complete, or up-to-date.