Chhaya wins prestigious Gitex Asia Award

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.

This global recognition highlights Chhaya's innovative work in micro-insurance, standing out from hundreds of international startups.

Chhaya, one of the 11 finalists selected to present before a distinguished panel of judges, captivated with its vision of advancing financial inclusion through micro-insurance. It showcased the significant progress it has made in tackling crucial challenges for unserved and underserved communities, a testament to the global impact of its work.

"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 the startup community of Bangladesh. It will surely inspire Bangladesh's diverse and futuristic startup community to come forward to the global stage like Gitex more and more," said Saiful Islam, Co-Founder and COO of Chhaya.

Chhaya's award includes a fully sponsored opportunity to showcase at Gitex Asia 2025, which will take 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 us 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 insurance space."

Chhaya extends its heartfelt thanks to its stakeholders, employees, partners, and customers for their continued trust and support. Their unwavering belief in our mission has made this achievement possible, and we are deeply grateful for their contribution to our success.