SBI Foundation hands out Rs 30 lakh grant in Shark Tank-like pitch fest

Fund given to eight fellows working on projects around health, governance, inclusion, farming

It is a busy Sunday at the Vishwa Yuvak Kendra in Chanakyapuri in New Delhi. The headquarters of the youth-centric non-profit is the venue for State Bank of India Foundation’s Youth for India (YFI) pitch fest – a Shark Tank-like final round that has eight young men and women vying for a grant of Rs 30 lakh.

The shortlisted eight are YFI alumni. The nine-member jury, which includes SBI Foundation MD and CEO Sanjay Prakash, finally picks four winners. Each gets a grant of Rs 6 lakh, and the remaining four are given Rs 1.5 lakh each to take their