BENGALURU: Intuit India, announced the launch of their first-ever virtual coding challenge called ‘Intuit Circles Codeathon’. The four-week challenge is aimed at providing a platform for Software-as-a-Service (SaaS) startups to build on Intuit’s technology platform and catapult their innovation journey while helping small businesses prosper.
Small businesses are struggling with ubiquitous pain points, key to their survival. With COVID-19, there is a greater sense of urgency in solving them than before. Through the Intuit Circles Codeathon, startups can pick from 6 key problem statements to resolve and integrate their solutions on the Intuit QuickBooks platform. Problem statements for startups include getting access to more customers and subject matter experts, seamless process for payments and raising capital, following compliance and effective hiring of talent.
Sanket Atal, MD, Intuit India, said in a statement, “The Indian SaaS ecosystem has reached a revenue of $3.5 billion as of March 2020 and is growing at 30% CAGR[1]. This is the right time to build on the untapped potential, collaborate with India’s startup ecosystem and create new technology solutions together. By leveraging the power of technology and our open platform, we believe the Intuit Circles Codeathon can democratize opportunity and prosperity for all, including startups and small businesses.”
Anshuman Kumar, Director – Global Brand & Corporate Communications, Intuit, said in a statement, “Through the Intuit Circles Codeathon, we want to partner with startups to architect and scale their solutions globally. We are keen to see the innovations that come out of our first edition of Intuit Circles Codeathon, and learn from shared experiences in solving our customers’ biggest pain points, leveraging principles of design thinking, platform innovation and more.” added
The Intuit team will invite five shortlisted startups to a virtual pitch session and declare the top three winners on December 8th. The startups will get access to a dedicated team of Intuit and industry experts to partner with on their integration and innovation journey. Moreover, the participants will become a part of the Intuit Circles’ virtual community of 2500+ startups and experts.
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