Mumbai, October 8, 2025: L&T Finance Ltd. (LTF), formerly known as L&T Finance Holdings Limited, one of the leading Non-Banking Financial Companies (NBFCs) in the country, is pleased to launch ‘Pitch Point,’ a competition for AI startups ahead of RAISE’ 25, India’s premier Artificial Intelligence (AI)-themed event in the BFSI (Banking, Financial Services, and Insurance) sector.
LTF is giving an opportunity to AI startups that are in their early to growth stage to present their solutions, applicable for any BFSI or Non-BFSI domains, to a panel of Venture Capitalist, LTF’s senior management, and industry experts at RAISE’ 25. Two winners will be eligible for prize money of Rs. 25 Lakhs each. In addition, winners will get an opportunity to engage in discussion with LTF, or with any of the L&T Group companies identified by LTF, to explore a PoC, as well as to engage in discussion with L&T Innovation Fund, the venture capital arm of Larsen & Toubro, regarding potential equity funding.
Mr. Sudipta Roy, Managing Director & CEO at LTF, said, “Given L&T Finance’s sharp focus on leveraging next-gen AI technologies to transform our lending business, this competition is a significant step towards identifying, mentoring, and investing in the next set of game-changing startups. The launch of ‘Pitch Point’ underscores our commitment to fostering innovation and exploring the broader applications of AI, discovering new solutions that can deliver value not only in the BFSI space but also across multiple industries.”
The product offering that will be evaluated at ‘Pitch Point’ must align with one of the domains that synergises with any of the LTF’s or L&T Group Company’s current and future offerings, namely, Cyber Security & Fraud Prevention, Rural & Agri Fintech, Gen AI Application, Embedded Finance Solutions, Smart Contract & Blockchain Solutions, Alternate Data Based Lending Solutions, AI-Driven Credit Scoring & Risk Assessment, Regulatory Technology & Compliance Tools, Digital Financial & Robo-Advisors, AI-Powered Collections & Recovery Solutions, Agentic AI for Enterprise, Image Processing and Recognition, and AI Geospatial and Remote Sensing.
LTF encourages eligible startups to apply online by submitting the registration form along with their pitch deck and product demo link. Shortlisted applicants will be invited for a virtual interaction round, and five finalists will then be selected to present live at RAISE’ 25.
The jury members for Pitch Point are Mr. Rajan Anandan, Managing Director, Peak XV Partners & Surge, Ms. Tanusree Deb Barma, IAS, Deputy Director General, UIDAI Technology Centre, Bengaluru, Mr. Piyush Shah, Co-founder, InMobi and President, Glance, Ms. Sushma Kaushik, Head, L&T Innovation Fund, Mr. Arpit Agarwal, Investment Partner, Blume Ventures, and Dr. Debarag Banerjee, Chief AI & Data Officer, LTF.
The application period for this program is open till October 20, 2025. The final shortlist is set to be announced on November 1, 2025. The program culminates in a final event at RAISE’ 25 on November 7, 2025, which will be held at the Jio World Convention Centre in Mumbai.
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