MYCLOTH INDIA SKILL BASED CHALLENGE
OFFICIAL PRIZE AMOUNT
Challenge Year: 2026
Organised by: MyCloth India
Official Website: MyCloth.in
Winner Structure: ONE Rank #1 Winner Only
Official Time Zone: IST (UTC+5:30)
Prize Amount : UP TO ₹15,00,000 ONLY
1. PRIZE AMOUNT
The applicable Prize Money Amount is determined by the total number of participants who successfully qualify/pass Mains by the Final Challenge Deadline.
Application/registration count does not determine the Prize Money Amount.
The maximum applicable Prize Money Amount under the published Prize Schedule is:
UP TO ₹15,00,000 ONLY
The applicable amount may be lower depending on the final number of Mains-qualified participants.
The applicable Prize Money Amount is awarded to the ONE Rank #1 Winner, subject to the official Challenge Terms & Conditions, final verification and applicable tax/statutory requirements.
2. OFFICIAL PRIZE SCHEDULE
| Total Mains-Qualified Participants |
Base Prize Amount |
| More than 150 |
₹15,00,000 |
| Exactly 150 |
₹15,00,000 |
| 125 |
₹12,00,000 |
| 100 |
₹10,00,000 |
| 75 |
₹7,50,000 |
| 50 |
₹4,00,000 |
| 25 |
₹2,00,000 |
| 10 |
₹1,00,000 |
| 5 |
₹40,000 |
| 4 |
₹16,000 |
| 3 |
₹14,000 |
| 2 |
₹12,000 |
| 1 |
₹10,000 |
3. ₹8,000 ADDITIONAL PARTICIPANT RULE
If the final number of Mains-qualified participants falls between two published Prize Schedule levels, the applicable Prize Money Amount shall be calculated using the lower applicable published bracket plus ₹8,000 for every additional Mains-qualified participant above that lower bracket.
Formula
Applicable Prize Money = Lower-Bracket Base Prize + (Additional Qualified Participants × ₹8,000)
Where:
Additional Qualified Participants = Final Mains-Qualified Participants − Lower-Bracket Participant Count
This calculation applies to every eligible participant count between the published levels.
4. EXAMPLES OF THE CALCULATION
24 Participants
24 falls between 10 and 25.
-
Lower bracket = 10 participants
-
Base Prize = ₹1,00,000
-
Additional participants = 24 − 10 = 14
-
Additional amount = 14 × ₹8,000 = ₹1,12,000
Total Prize Money = ₹2,12,000
20 Participants
Total = ₹1,80,000
15 Participants
Total = ₹1,40,000
9 Participants
9 falls between 5 and 10.
Total = ₹72,000
8 Participants
Total = ₹64,000
7 Participants
Total = ₹56,000
6 Participants
Total = ₹48,000
5. IMPORTANT RULE FOR 25 PARTICIPANTS
When exactly 25 participants qualify Mains:
Applicable Prize Money = ₹2,00,000
The ₹8,000 interpolation calculation does not continue beyond the published 25-participant bracket.
The next published bracket is:
50 Mains-qualified participants → ₹4,00,000
The same principle applies at every published bracket: once the final participant count reaches an exact published bracket, that bracket's published Base Prize Amount applies.
6. EXAMPLES ABOVE 25 PARTICIPANTS
26 Participants
-
Lower bracket = 25
-
Base = ₹2,00,000
-
Additional = 1 × ₹8,000
Total = ₹2,08,000
30 Participants
-
Lower bracket = 25
-
Base = ₹2,00,000
-
Additional = 5 × ₹8,000
Total = ₹2,40,000
49 Participants
-
Lower bracket = 25
-
Base = ₹2,00,000
-
Additional = 24 × ₹8,000
Total = ₹3,92,000
50 Participants
The published 50-participant bracket applies:
Total = ₹4,00,000
7. EXAMPLES FOR OTHER BRACKETS
The same ₹8,000 rule applies between every published level.
| Mains-Qualified Participants |
Calculation |
Total Prize Money |
| 11 |
₹1,00,000 + 1×₹8,000 |
₹1,08,000 |
| 12 |
₹1,00,000 + 2×₹8,000 |
₹1,16,000 |
| 24 |
₹1,00,000 + 14×₹8,000 |
₹2,12,000 |
| 26 |
₹2,00,000 + 1×₹8,000 |
₹2,08,000 |
| 49 |
₹2,00,000 + 24×₹8,000 |
₹3,92,000 |
| 51 |
₹4,00,000 + 1×₹8,000 |
₹4,08,000 |
| 74 |
₹4,00,000 + 24×₹8,000 |
₹5,92,000 |
| 76 |
₹7,50,000 + 1×₹8,000 |
₹7,58,000 |
| 99 |
₹7,50,000 + 24×₹8,000 |
₹9,42,000 |
| 101 |
₹10,00,000 + 1×₹8,000 |
₹10,08,000 |
| 124 |
₹10,00,000 + 24×₹8,000 |
₹11,92,000 |
| 126 |
₹12,00,000 + 1×₹8,000 |
₹12,08,000 |
| 149 |
₹12,00,000 + 24×₹8,000 |
₹13,92,000 |
| 150 |
Published bracket |
₹15,00,000 |
| 151+ |
Published maximum bracket |
₹15,00,000 |
8. CRITICAL RULE — THE PRIZE IS NOT PER PARTICIPANT
The Prize Money Amount shown in this page is the total applicable Prize Money for the Challenge Winner.
It is not:
-
a prize payable to every Mains-qualified participant;
-
a prize payable to every Prelims-qualified participant;
-
a prize pool divided among participants; or
-
an amount payable to multiple winners.
There shall be:
ONE RANK #1 WINNER ONLY
The participant who achieves the highest final Verified Eligible Sales score in Mains shall be Rank #1, subject to the official verification and Tie-Break Mechanism.
9. WHEN IS THE FINAL PRIZE AMOUNT DETERMINED?
The applicable Prize Money Amount is determined from the final total number of participants who successfully qualify/pass Mains by the Challenge's Final Deadline.
Therefore:
A participant qualifying for Mains does not immediately determine the final Prize Money Amount.
The final applicable Prize Money Amount is established after the Challenge closes and MyCloth India completes the required final qualification verification and determines the final number of Mains-qualified participants.
The official 2026 Challenge schedule provides for the final Mains qualification statistics and applicable Prize Amount to be announced on 06 November 2026, following the final sales deadline and verification process.
10. FINAL PRIZE CALCULATION PRINCIPLE
For any final Mains-qualified participant count N:
-
Identify the highest published Prize Schedule level that is less than or equal to N.
-
Take that level's published Base Prize Amount.
-
Calculate the number of participants above that level.
-
Add ₹8,000 for each additional participant.
-
If N exactly equals a published level, use that level's published Prize Amount.
-
For more than 150 qualified participants, the applicable Prize Money is capped at ₹15,00,000.
In short:
Published Bracket + ₹8,000 × Additional Qualified Participants = Applicable Prize Money
subject to the exact published bracket amounts and the ₹15,00,000 maximum cap.
11. FINAL AUTHORITY
The final applicable Prize Money Amount shall be determined from MyCloth India's officially verified records of Mains-qualified participants at the close of the Challenge.
The calculation shall be performed using this published Prize Amount & Calculation Formula together with the official MYCLOTH INDIA SKILL BASED CHALLENGE Terms & Conditions.
If a participant's qualification is subsequently found to be invalid before final results are confirmed, that participant shall not be included in the final Mains-qualified participant count.
OFFICIAL NOTICE
Prize Money Amount Up to ₹15,00,000 Only — subject to the published qualification, activation, Prize Schedule, verification and Challenge Terms & Conditions.
MYCLOTH INDIA SKILL BASED CHALLENGE — 2026
One Challenge. One Rank #1. One Winner.
