GroMo
App for independent agents to sell financial products in India
Product / Tech / Business / AI Enthusiasts (Read Job Description carefully before applying)
About the role
GroMo brings you the FinArva AI Hackathon 2025, powered by AWS - a high-energy, fast-paced challenge to solve India’s toughest financial distribution problems using AI and product innovation.
Link to Hackathon- FinArva AI Hackathon 2025
This is your chance to design intelligent solutions for Bharat's next billion users. Selected participants will get exclusive mentorship, showcase their ideas in front of top fintech leaders, and compete for prizes worth ₹10,00,000+.
The Problem Statement for the Phase 1 (Idea Discovery & Concept Submission) can be accessed from here: Click Here
Why Participate in FinArva AI Hackathon?
- Opportunity to get Direct Interview with Founders with CTC upto ₹ 25 LPA (Upto 40LPA for experienced professionals)
- Build AI solutions that address real distribution challenges
- Get mentored by leaders from GroMo, AWS, and the fintech ecosystem
- Present your ideas to a panel of FinTech Leaders
- Win cash prizes, goodies, and fast-track career opportunities
- Network with peers, leaders & potential employers
**From idea to impact—your AI journey starts here.**
REGISTRATION FORM LINK
Winning Criteria
- Problem Understanding: The solution should demonstrate a deep understanding of the real challenges faced by GroMo Partners and the solution should be designed around those needs.
- Innovativeness: The idea has to be original, creative, and should bring a fresh approach to solving the problem effectively.
- Business Impact: The solution should have strong potential to improve GroMo Partner earnings, efficiency, or experience.
- Effective Use of AI: AI should not be just an add-on—it should be central to the solution and used in a meaningful, well-integrated way.
- Simplicity & Usability: The product should be easy to use, scalable, and ready to be adopted by GroMo’s wide partner base with minimal friction.
Eligibility
- Open to all college students, working professionals, and AI enthusiasts.
- The team size for the Hackathon is 3-5 Members.
- Individual participants or teams with fewer than 3 members can register and submit proposals in Phase 1. If shortlisted, they will be paired with other participants to form a team of 3–5 members for the in-person hackathon.
About the interview
Phase 1: Idea Discovery & Concept Submission
Registered teams have to work on the virtual ideation and concept submission focused on understanding GroMo’s Partners' challenges. The idea needs to cover - Top 3 User problems you're solving, Proposed AI-based solutions, Why it will work and how it helps increase User earnings and Mocks or high-level system flow (Optional). The submission can be any format - PDF/ Document/ PPT/ Zip file. Only the team leader will be allowed to make the submission.
29 Apr'25-19 May'25
Phase 2: In-Person Hackathon (Build + Pitch)
Selected teams attend the in-person event in Gurgaon for a 3-day build sprint with GroMo mentors. The travel has to be self-managed by the participants. Lodging & meals will be covered by GroMo. The event will include 48 hours of Unstoppable AI Innovation followed by a Pitch to the Jury.
30 May'25-1 Jun'25
About GroMo
Building India's largest financial products distribution company
- Bringing a landslide shift in the $300B+ Financial products market in India. GroMo is a Y Combinator (YC21) backed Series-A startup having raised $12M+ in overall funding .
- We have backing from several large international funds and notable angel investors such as SIG, Y Combinator, Beyond Next Ventures, Das Capital, Kunal Shah(CRED, Freecharge), Ramakant Sharma(Livspace), Alok Mittal(Indifi, IAN), Nitin Gupta (Uni, Founder PayU), Utsav Somani (Angel list India, iSEED), Niraj Singh (Spinny), Ashish Sharma, and many more.
- Both co-founders, Ankit and Darpan, are from IIT Delhi and have entrepreneurship experience in the tech space itself and have built (and sold) successful companies in the past
- Our team comprises dedicated ex-entrepreneurs and mavericks who have a passion to build great things and change lives, with varied experience in companies such as Flipkart, Spinny, Policybazaar, Aviva Life, Snapdeal, Oracle, Housing, Unicommerce, Lambda Test, and many more...
At GroMo , we deeply understand how financial products such as Demat Account, Saving Account, Loans, Insurance, etc. are sold and we want to empower Millions of agents and financial advisors to sell financial products with the power of technology. Our ability to understand what customers want, build fast and iterate faster makes us stand far apart from our competitors.
It all starts with the right team — a team that deeply cares about values, customers, and each other.
