L&T Finance Launches: Mumbai: L&T Finance (LTF), one of India’s leading non-banking financial companies (NBFCs), has announced the launch of ‘Pitch Point’, a startup competition aimed at identifying and supporting AI-driven innovations in the BFSI and Non-BFSI sectors. The initiative comes ahead of RAISE’ 25, the country’s premier AI-focused event for the financial services industry, scheduled for November 7 at the Jio World Convention Centre, Mumbai.
The competition is designed to spotlight early-to-growth-stage startups that are developing AI products capable of transforming financial services and other industry verticals. Two winning startups will receive ₹25 lakh each, an opportunity to collaborate with L&T Finance or other companies within the L&T Group, and a chance to discuss potential equity investment with the L&T Innovation Fund, the venture capital arm of the group.
Who Can Apply
L&T Finance encourages startups with solutions across a wide range of AI applications to participate, including:
- Cybersecurity and fraud prevention
- Rural and agri fintech solutions
- Generative AI (GenAI) applications
- Embedded finance solutions
- Smart contracts and blockchain-based platforms
- Alternate data-based lending models
- AI-driven credit scoring and risk assessment
- Regulatory technology (RegTech) and compliance tools
- Digital financial and robo-advisors
- AI-powered collections and recovery solutions
- Agentic AI for enterprises
- Image processing and recognition systems
- AI geospatial and remote sensing technologies
Applications are open until October 20, 2025, via the official Pitch Point portal. Shortlisted startups will be invited for a virtual evaluation round, following which five finalists will get the opportunity to pitch live at RAISE’ 25.
Benefits for Winning Startups
The winners of Pitch Point will gain several advantages that can accelerate growth and market adoption:
- Monetary Prize: ₹25 lakh each to support development and operational needs.
- Proof of Concept Opportunities: Collaborate with L&T Finance or other L&T Group companies to test and refine AI solutions.
- Equity Funding Potential: Engage with the L&T Innovation Fund for potential investment.
- Industry Exposure: Pitch live at RAISE’ 25, gaining visibility among investors, industry leaders, and corporates.
- Mentorship and Guidance: Receive strategic mentorship to help scale products and refine business models.
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L&T Finance’s Commitment to AI and Innovation
Sudipta Roy, MD and CEO of L&T Finance, highlighted the importance of the initiative:
“Given L&T Finance’s sharp focus on leveraging next-generation 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.”
Roy further added:
“The launch of ‘Pitch Point’ underscores our commitment to fostering innovation and discovering new AI solutions that can deliver value not only in BFSI but across industries.”
The initiative reflects L&T Finance’s strategic focus on technology-driven transformation, using AI to enhance efficiency, improve customer experience, and identify innovative financial solutions.
Dates and Process
- Application Deadline: October 20, 2025
- Virtual Round: Shortlisted startups will be evaluated online
- Finalist Selection: Five startups will pitch live at RAISE’ 25
- Event Date: November 7, 2025
- Event Venue: Jio World Convention Centre, Mumbai
Startups interested in participating can apply via the official Pitch Point portal and explore opportunities to collaborate, secure funding, and gain mentorship from one of India’s leading financial institutions.
Conclusion
With the launch of Pitch Point, L&T Finance is taking a proactive step to nurture AI innovation in the BFSI and Non-BFSI sectors. By providing funding, mentorship, and strategic partnership opportunities, the competition aims to identify startups with high-impact AI solutions that can transform financial services and beyond.
The initiative also aligns with the broader vision of RAISE’ 25—India’s premier AI event—which seeks to showcase the country’s potential in AI innovation while connecting startups with investors, corporates, and policymakers.
For AI startups looking to make an impact in financial technology, risk assessment, digital finance, or enterprise AI, Pitch Point represents an opportunity to gain visibility, validation, and growth support from one of India’s top NBFCs.
FAQs of L&T Finance Launches
1. What is Pitch Point by L&T Finance?
Pitch Point is a startup competition launched by L&T Finance to identify, mentor, and invest in early-to-growth-stage AI startups working in BFSI and Non-BFSI sectors. The winners will receive ₹25 lakh each, opportunities for proof of concept, and potential equity funding.
2. Who can apply for Pitch Point?
Startups building AI solutions in areas such as cybersecurity, GenAI, fintech, embedded finance, smart contracts, AI credit scoring, regulatory tech, AI-driven collections, image processing, and geospatial analysis are encouraged to apply.
3. What are the benefits for winners of Pitch Point?
Winners receive ₹25 lakh each, mentorship, proof of concept opportunities with L&T Finance or other L&T Group companies, and a chance to discuss equity investment with the L&T Innovation Fund. They also get to pitch live at RAISE’ 25 for visibility among industry leaders.
4. What is the application deadline for Pitch Point?
Applications are open until October 20, 2025, through the official Pitch Point portal. Shortlisted startups will undergo a virtual evaluation round before finalists are chosen.
5. When and where will the final pitches take place?
The final five startups will pitch live at RAISE’ 25, scheduled for November 7, 2025, at the Jio World Convention Centre, Mumbai.
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