Formidium proudly hosted a one-day Hackathon in Bengaluru this past weekend, bringing together a dynamic mix of developers, designers, and innovators from across the region. The event, themed "AI & Blockchain for Sales and Marketing," sparked creativity and collaboration among participants, who tackled real-world challenges with groundbreaking solutions. With an atmosphere charged with energy and enthusiasm, teams worked tirelessly to develop cutting-edge projects that demonstrated the immense potential of AI and blockchain in transforming industries. The Hackathon provided a platform for young professionals and students to showcase their talent and ingenuity, fostering a spirit of innovation and problem-solving. Three standout teams emerged victorious, with the grand prize awarded to the team "Raptors" for their extraordinary project. Their innovative approach and execution outshone the competition, highlighting the exceptional skill and creativity present at the event.
The winners were awarded prizes of INR 100,000 for first place, INR 75,000 for second, and INR 50,000 for third, recognizing not just their hard work but their potential to drive future innovation. Beyond the prizes, the Hackathon introduced Formidium to a new generation of talent, creating valuable opportunities for future collaboration and growth. In addition to prizes, the Hackathon offered participants an exceptional opportunity to network with industry leaders, explore paid engagements, and access potential funding opportunities.
“This event in Bengaluru, a true hub of tech development, showcased the limitless potential of AI and blockchain. The creativity, teamwork, and passion we saw here are proof that the future of tech innovation is incredibly bright."
About Formidium:
Formidium is at the forefront of redefining fund administration for the modern era, with a global presence spanning offices in India, Singapore, the U.S., and Canada, and operations in over 20 jurisdictions. As one of the fastest-growing fund administrators worldwide, Formidium provides comprehensive services across all asset classes, from traditional to digital. With a focus on driving innovation, the firm offers fund administration, specialized tax services, and compliance support to help clients adapt and thrive in an ever-evolving financial landscape.
About Formidium
Formidium is a leading AI-powered global fund administrator serving alternative investment funds. Since 2016, the firm has built a global presence with offices in the U.S., India, Canada, Singapore, the UK, and Hong Kong supporting 700+ clients, 2,200+ funds across multiple asset classes, servicing $34B+ in assets and reporting to 30,000+ LPs.
Formidium's proprietary technology solutions are purpose-built for bespoke fund structures, far exceeding off-the-shelf systems. The firm delivers comprehensive services to alternative investment funds globally, including Net Asset Value (NAV) reporting, year-end tax and financial reporting, cross-currency integration, and full compliance support. Its AI-powered, cloud-native, scalable SaaS platform enables automated workflows, real-time data access, and modular capabilities for seamless growth.
