<div><strong>BW Online Bureau</strong></div><div><br> </div><div>“India’s future as a socio economic powerhouse lies in realizing the untapped potential of youth”, this is the driving thought behind YES BANK Transformation Series. <br> </div><div>Launched in 2010 Transformation Series provides a platform for aspiring young leaders across the world to acquire innovative thinking, creative skills and apply their acumen and creativity to real world challenges.</div><div> </div><div>Disruptive innovations have transformed the global economy at large and the financial services industry in particular. This paradigm shift has made DIGICAL (digital and physical) presence essential for players in this industry. Against this backdrop YES BANK wants to focus on Disruptive Innovations as the theme for the 4th edition Transformation Series in 2015. </div><div> </div><div>The aim is to engage the brightest young minds from the best universities across the world to come-up with breakthrough disruptive innovations which could transform the financial services industry – a rapidly evolving and critical sector of the Indian economy. </div><div> </div><div><strong>Participation</strong></div><div>In the current edition the competition has already received participation of more than 13000 students in 5000 teams. The last edition had seen participation of 3000 teams from 500 colleges across the world.</div><div> </div><div><strong>The Competition</strong></div><div>The first phase of this exciting innovation completion is underway, where a case study has been given to all the teams and the best solutions will move to the next round. The first round will filter the 5000 teams down to 120 teams. These teams in the second round will work on the implantation strategy for the solution provided in the first round. Only 12 teams will qualify for the finals, slated to take place in November. The jury for this competition includes policy makers like Bibek Debroy, Member, NITI Ayog; CEOs and top industry leaders like Chaitanya Kamat of Oracle Financial Services, Vikas Agnihotri, Director, Google India; budding entrepreneurs like Vipul Parekh, Founder, Bigbasket.com and Venture Capitalists like Deepak Gaur, MD & CEO, SAIF Venture Partners.</div><div> </div><div><em>For more on the innovation completion, log onto:</em></div><div><em>www.transformationseries.in</em></div><div> </div>