Chhaya Technologies Limited, a leading insurtech company from Bangladesh, has been awarded the prestigious Gitex Asia Award under the Supernova Challenge at Expand North Star 2024, held in Dubai. This global recognition highlights Chhaya’s innovative work in
micro-insurance, standing out from hundreds of international startups.
As one of the 11 finalists shortlisted to pitch before an esteemed panel of judges, Chhaya impressed with its vision of enhancing financial inclusion through micro-insurance, demonstrating the significant strides it has made in addressing critical challenges for unserved and underserved communities.
“We are immensely proud of this achievement,” said Shawon Shahriar, Co-Founder and CEO of Chhaya. “This award is a testament to the hard work of our dedicated team and the unwavering support of our stakeholders. It reinforces our commitment to creating an inclusive financial system through affordable insurance solutions for those who need it most.”
“This is a significant achievement for us and also for the startup community of Bangladesh. This will surely inspire the diverse and futuristic statup community of Bangladesh to come forward to the global stage like Gitex more and more,” said Saiful Islam, Co-Founder & COO of Chhaya.
Chhaya’s award includes a fully sponsored opportunity to showcase at Gitex Asia 2025, taking place in Singapore. The package includes a fully covered exhibition stall, air tickets and accommodation, offering Chhaya an invaluable platform to expand its global presence and engage with international investors and partners.
Chhaya focuses on providing innovative micro-insurance products to the people of Bangladesh, including in peri-urban and rural areas. The company has been rapidly gaining traction, having recently expanded its offerings and securing partnerships with key organizations in the healthcare and financial sectors.
Looking ahead, Chhaya invites investors, partners and collaborators worldwide to join in scaling these impactful solutions. “Our journey is far from over,” Shahriar added. “With this recognition, we are more motivated than ever to continue driving financial inclusion and innovation in the insurtech space.” Chhaya extends heartfelt thanks to its stakeholders, employees, partners and customers for their continued trust and support in making this achievement possible.
About Chhaya Technologies Limited
Chhaya is an insurtech startup based in Bangladesh that provides innovative micro insurance solutions, aiming to enhance financial inclusion across underserved and unserved communities. The company is committed to creating impactful change through its tech-driven insurance offerings.
