IIT Kharagpur Wins in EY Techathon 4.0 with a Focus on Generative AI, Followed By IIM Lucknow

IIT Kharagpur emerged as the victor of EY Techathon 4.0, impressing with their innovative Gen AI solution. The second-place finish was shared between teams from IIM Lucknow and RV College of Engineering Bengaluru. Check details here 

EY announced the winners of 'Techathon 4.0: Re-imagining the future with Generative AI'. The winning accolade was claimed by The Team Matrix, consisting of Arpit Raj, Debansh Assawa, Kshitij Bhaskar, and Rakesh Tarendra from IIT Kharagpur. Their entry, a creatively crafted Gen AI solution named SKY, aimed at revolutionizing the retail industry by forecasting sales, pricing items, and optimizing product placement, among other features. Throughout the competition, they demonstrated a consistent flair for innovation and a strategic approach focused on delivering real benefits to end-users.

The winning team received a cash prize of INR 3,00,000 while the runner-up teams were awarded with INR 2,00,000 each. The winners will also get mentorship from EY Leadership to develop strategic solutions for global enterprises.

The runner-up position was a tie between teams from IIM Lucknow, Suit Up (Anushri Ganguly, Shubham Patel, and Srishty Ruhela) and Ishanrahman03 (Adarsh Kaviraj, Akash Anand, Ishan Rahman, Rishith R Shetty, and Tanish Mathur) from RV College of Engineering Bengaluru, for their exemplary work in developing Gen AI solutions to solve real-world challenges in media and BFSI sectors respectively.

This year, a new award category, ‘People’s Choice Award,’ was introduced, which was clinched by a multi-college team, Team MaviriX (Laukik Sharma, SRCC Delhi, Shivam Goel, IIT Kharagpur, and Vidhi Verma, JSSATE Noida). The team garnered a maximum number of votes from individuals and tech enthusiasts nationwide, who cast their votes for their most preferred entries in the competition.

With over 1,25,000 individuals registering, the competition attracted more than 7,000 team submissions from colleges across the country. This year's EY Techathon 4.0 saw participants developing Gen AI-based solutions to tackle real-world challenges in sectors such as Healthcare, Banking, Financial Services and Insurance (BFSI), Education, Retail, and Media & Entertainment (M&E). 

Mahesh Makhija, Technology Consulting Leader, EY India, said, "EY Techathon is our commitment to fostering next generation technology leaders. This year’s winners and all finalists demonstrated not only great passion for learning an emerging technology like Generative AI but also applying it to come up with solutions that can have a positive impact on different sections of the society.”

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