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QA Test

A short description of the AI Innovation Challenge

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Description

The primary objective is to develop an AI-powered engine capable of extracting text, tables and financial data from multi-format documents (scanned and digital). The engine must segment these documents into logical sections and validate their completeness and compliance against pre-defined frameworks as outlined below. The solution should structure document metadata and support search, analytics, visualisation and indexing of source unstructured data to ensure efficient retrieval and referenceability:

  1. Indian Accounting Standards and associated reference and educational materials
  2. General Instruction for preparation of financial statements (Refer to Schedule III)
  3. SEBI disclosure requirements
  4. RBI Disclosure Norms for Financial Institutions
  5. SEBI ESG Framework

Expected Output

  • Compliance Validation Report Generator: Explainable compliance testing engine
  • Automated Analytics Engine: Financial performance and risk analytics
  • Preliminary Examination Tool: Real-time news and enforcement monitoring
  • NFRA Insight Bot: Secure AI chatbot over NFRA documents

Who Can Apply?

  • Indian Company
  • Start-up (DPIIT recognised)

Prizes
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Prize Pool
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Competition Timeline
  • 7 Jan 2026
    Application Open
  • 29 Jan 2026
    Application closed

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