KPIT Sparkle 2020 is supported by NSTEDB,  DST.  Prize money of 21 Lac  is to be awarded for students as platinum ₹10Lac, Gold ₹5lac, two silver ₹2.5 Lac each and one most popular of ₹1 Lac. The amount of ₹60 K is for mentors for these teams ₹25K for platinum team, ₹15K for Gold team and ₹10k each for silver teams.