Emergent, Raj Shamani Launch ₹1 Crore AI Challenge for Indian Businesses

Emergent and Raj Shamani have launched a ₹1 crore challenge encouraging Indian businesses to build AI-powered software solutions for real operational problems.

Emergent, Raj Shamani Launch ₹1 Crore AI Challenge for Indian Businesses
Image Credits: Raj Shamani/Instagram

AI software platform Emergent has teamed up with entrepreneur and content creator Raj Shamani to launch a nationwide challenge to inspire Indian businesses to harness artificial intelligence to solve operational challenges.

The program encourages founders, business owners and operators to pinpoint a real business problem, and develop a software solution leveraging Emergent’s AI platform, deploy it within their organisation and show tangible business impact. The first three implementations will share the prize money of ₹1 crore.

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Business Automation:

The challenge looks to highlight practical uses of AI across various functions like inventory management, workflow automation, order processing, lead tracking, and operational visibility. Emergent’s platform enables participants to build full stack software applications through natural language prompts, eliminating the need for traditional software development expertise.

The company said the initiative is based on the belief that the next phase of business growth in India will be driven by companies leveraging AI-powered software to improve efficiency and productivity.

“Many manufacturers, logistics companies, traders, direct-to-consumer brands and family-run businesses continue to use piecemeal systems and manual processes because the development of custom software has traditionally been expensive and technically difficult,” Emergent said.

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AI Empowerment:

Commenting on the initiative, Mukund Jha, Co-founder and Chief Executive Officer of Emergent, said, “Artificial intelligence has dramatically lowered the barriers to building business-specific software.

He said that businesses can now build applications suited to their operational needs in a fraction of the time it used to take making technology available to organisations of all sizes.

As part of the campaign, Raj Shamani built software for his own business using Emergent's platform and shared the process to show how artificial intelligence can solve common operational pain points without a technical background.

“Traditionally, many entrepreneurs have relied on software developers or agencies to sort out operational bottlenecks, but AI is now allowing founders to build customised solutions themselves,” Shamani said.