Dharmendra Pradhan, Minister for Education, Skills Development and Entrepreneurship, and Singapore’s Deputy PM & Minister for Finance, Mr. Lawrence Wong, came together to felicitate the winners of the 3rd Edition of the Singapore-India Hackathon in Gandhinagar, Gujarat. This event, jointly organized by the All India Council for Technical Education (AICTE) and Nanyang Technological University (NTU Singapore), aimed to harness the innovation potential of students and startups from India and Singapore to tackle global challenges.
Innovative Solution for Insider Trading Detection Wins Top Student Prize
At the hackathon, students from Nanyang Technological University, Amity University, and Dwarkadas College of Engineering collaborated to create a tool designed to help regulators identify potential suspects involved in insider trading. Their innovative solution secured the top student prize and highlighted the immense talent and creativity present among the participating students.
Haqdarshak Clinches Top Startup Prize for Enabling Access to Government Welfare Services
The top winner in the startup category was Haqdarshak, a platform that empowered 2.8 million Indians to access approximately SGD 700 million in government welfare services. The recognition of Haqdarshak’s impactful contribution showcased the potential of startups in driving positive change and improving the lives of individuals in society.
Promoting Knowledge Exchange and Collaboration for Societal Challenges
During the event, Minister Dharmendra Pradhan emphasized the importance of knowledge exchange and collaboration to tackle common societal challenges. He expressed his admiration for initiatives like the Singapore-India Hackathon, which provides a platform for the youth of both countries to unleash their innovation potential. He called for the hackathon culture to extend beyond STEM fields and address broader societal issues.
Fostering a Knowledge-Based Economy for Future Development
Minister Pradhan underscored the pivotal role of knowledge, research, and innovation in modern-day development. He highlighted Singapore’s transformation into a knowledge-based economy through excellence in education and emphasized India’s progress towards becoming a knowledge-based society through initiatives like the National Education Policy 2020. He expressed optimism about the promising future of India and the potential for knowledge transfer between India and Singapore.
The Singapore-India Hackathon: Uniting Youth and Minds for Global Challenges
Deputy Prime Minister Lawrence Wong praised the Singapore-India Hackathon as a unique and valuable event supported by the leaders of both countries. He expressed his delight at attending the finale event in Gandhinagar, following the challenges posed by the Covid-19 pandemic. The hackathon served as a platform to bring together the brightest youth and minds to collaboratively address global challenges.
The hackathon revolved around six problem statements, including financial fraud detection, financial inclusion, and credit offers, sea-level rise and coastal flooding, optimizing food recycling, monitoring carbon footprint, and boosting Singapore-India trade connectivity. It not only involved prestigious academic institutions like NTU Singapore and IIT Gandhinagar but also engaged leading corporates and the public sector from both nations to mentor aspiring entrepreneurs and build startups that tackle pressing global challenges.
The 3rd Edition of the Singapore-India Hackathon epitomized the spirit of collaboration, innovation, and knowledge sharing between India and Singapore. It showcased the potential of youth and startups in finding solutions for global issues and further strengthened the bond between the two nations. By fostering a platform for creative problem-solving, the hackathon aimed to contribute to a brighter and more prosperous future.
