About the Program

HDFC Life in partnership with IvyCamp launched Futurance to connect with startups to develop and integrate innovative solutions into their processes, enhance customer experience, and build next gen capabilities. This corporate engagement program provides startups an opportunity for commercial partnerships with HDFC Life upon the successful completion of POC/Pilot. Launched in 2019, the program is currently in its 5th phase.

Program Highlights

450+

Targeted Applications

70+

Round 1: Preliminary Pitch to HDFC Life

20+

Round 2: Startups shortlisted to connect with HDFC Life’s Senior leadership

11

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.

Alternate & Augmented data Data from alternate sources to validate customer details, and marketing and enhance the underwriting model.

Medical/Health Tech Remote health testing for customer onboarding & underwriting.

Innovative Sales Tech Sales tech solutions for lead generation, customer screening, and insurance distribution.

AI-based Vision & Voice solutions AI-based smart-vision solutions to enhance customer experience.

Why Apply to Futurance

You will get an opportunity to 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.

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.

Futurance Key Member

“Digitization has not only grown at an accelerated pace over the last few years but has become imperative to survival and growth, especially after the pandemic, the Futurance program, therefore, is of strategic importance to us because it helps us integrate innovation within our culture it has helped us to stay ahead in the industry through the new and creative solutions to some of our most pressing problems. During this journey, we have evaluated over 447 startups, and we have selected 11 for POC in the first 4 phases of futurance. This is a testimony to the huge support and interest from the startup community for this program, not just from India but also from abroad. At this juncture, I am really happy to announce the launch of the 5th phase of Futurance and invite startups to apply for the program, just like the previous phases this program will allow the startups to connect, collaborate, and scaleup their products, and this with the support from the senior leadership at HDFC Life”

Prasun Gajri

Chief Investment Officer, HDFC Life

What Our Startups say about the Program

Polygon Technology is delighted to be part of the Futurance program, to work closely with HDFC Life senior execs and solve real problems for them. We think this would be a great experience for any start-up to be part of the HDFC Life journey of transformation.

Polygon Technology

We are super thrilled to be a part of the HDFC Life Futurance. Some of the use cases we are exploring are virtual banking and virtual training using VR/AR. Ivycamp ensured that the screening process was smooth all throughout the journey.

Imaginate Technologies

The Futurance program had been a wonderful journey. Futurance allowed us to connect with the use cases on the ground. It helped us to understand the value that can be derived out of technology and how our technology can be revamped better and better aligned to the use cases on the ground. Futurance had helped us to secure Proof-of-Concept with HDFC Life

Gmetri Technologies

Selected Startups in the Previous Phases

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

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.

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

Identify opportunities and threats through static and transaction

Model Performance on real data using AI.

Empowers business with voice assistant on mobile or web applications.

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

Imaginate is a 3D meeting platform for modern-day enterprises and will be collaborating with HDFC life for its "AR/VR" use case.

Polygon offers a well-structured, easy-to-use platform for Ethereum scaling and infrastructure development.

GMetri is a no-code XR platform for creating training modules, online stores, product showcases, immersive tours, and more.

mFilterIt is a new-age company that caters to protecting digital integrity across platforms.

Frequently Asked Questions

What is Futurance?

Futurance is a corporate engagement program to identify innovative startups for solving the existing business problems and building next-gen capabilities.

Who is eligible to apply?

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, who can add value and offer solutions that can make a difference in the Insurance industry can also apply for the program. For more details, visit selection process and use case section.

What is the format of the program?

Futurance is a 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.

How long does it take to respond to the application?

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.

What is the deadline for the Application?

The Call for application is until 16th January 2023.