New Delhi, Jan. 14 -- IndiaAI, an independent business division under the Digital India Corporation of the Ministry of Electronics and Information Technology (MeitY), in collaboration with the National Financial Reporting Authority (NFRA), has launched the IndiaAI Financial Reporting Compliance Challenge to strengthen financial oversight through artificial intelligence.

The initiative, part of the IndiaAI Application Development Initiative (IADI), invites Indian startups and companies to develop a scalable AI-based solution for automated verification of financial documents against regulatory frameworks. The challenge aims to bridge compliance gaps by leveraging AI for accurate financial data extraction, validation, and risk analysis.

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