Chhaya

Yesterday, Chhaya proudly took the stage at the Accelerating Asia Ventures Cohort-10 Demo Day, hosted at Microsoft Singapore, and what an unforgettable experience it was! This event marked the culmination of an intense 100-day accelerator program, and we were honored to showcase our journey of transforming financial inclusion and micro-insurance accessibility for underserved communities. The energy in the room was electric, and we were overwhelmed by the positive responses from investors, ecosystem leaders and fellow entrepreneurs. The conversations, feedback and enthusiasm we received reaffirmed our belief in the power of innovation to create meaningful impact. ✨ Key milestones we shared on stage: ✅ 10x month-on-month revenue growth over the past 12 months ✅ Achieving unit-economics positivity with a healthy gross margin and strong LTV/CAC ratio This Demo Day wasn’t just about celebrating progress—it was about opening doors to the future. The enthusiasm we’ve seen fuels our ambition to push boundaries and make micro-insurance accessible to millions. 💬 Let’s connect! Our founding team—Shawon Shahriar (CEO) and Saiful Islam (COO)—is in Singapore until December 12, and we’d love to meet you! If you’re curious about Chhaya’s journey, interested in collaborations or simply want to know how we’re redefining micro-insurance in Bangladesh, we’d be delighted to chat. 📩 Send us a message or reach out directly—we’re ready to take this conversation further! Together, let’s create a future where financial inclusion is not just a vision, but a reality. #Chhaya #DemoDay #AcceleratingAsia #Insurtech #FinancialInclusion #StartupJourney #Innovation #MicroInsurance

We are delighted to announce our landmark collaboration with Green Delta Insurance PLC, a pioneer in non-life insurance in Bangladesh. This partnership, formalized through a Memorandum of Understanding (MoU), is a significant milestone in Chhaya’s journey to expand its impact and reach across Bangladesh. Under this agreement, Green Delta will underwrite risks for our non-life micro-insurance products, such as property and agricultural coverage. This synergy empowers Chhaya to focus on crafting innovative and accessible solutions tailored to the needs of underserved communities while ensuring the highest reliability in coverage. As a leader in the insurance industry, Green Delta brings decades of expertise, a diverse product portfolio and a shared commitment to financial inclusion. From property and health insurance to agriculture and weather index-based solutions, their legacy of excellence aligns seamlessly with Chhaya’s vision of making micro-insurance accessible to all. For Chhaya, this partnership unlocks immense potential for growth, diversification and innovation. Together, we are prepared to deliver enhanced financial security to households, entrepreneurs and businesses, creating resilient communities equipped with robust safety nets. This collaboration reflects Chhaya’s dedication to forging impactful alliances that drive meaningful change. By joining forces with Green Delta Insurance PLC, we reaffirm our mission to build a future where resilience and opportunities are accessible to everyone. Together, we are paving the way for a more inclusive and secure tomorrow! 🚀 #Chhaya #GreenDeltaInsurance #Partnership #MicroInsurance #FinancialInclusion #Innovation #Bangladesh #Insurtech

🌟 Chhaya’s Expansion to the Middle East Featured in Dhaka Tribune 🌟 We’re excited to share that Dhaka Tribune, one of Bangladesh's leading English-language newspapers, has featured an article about Chhaya’s recent partnership to bring micro-insurance solutions to expatriate Bangladeshis in Oman and Saudi Arabia. 📖 Read the full article here: https://lnkd.in/g-aPuwBc This coverage comes at a pivotal time as we venture into the Middle East, advancing our mission to make financial protection more accessible to underserved communities globally. For expatriates working tirelessly abroad, this initiative not only secures their financial futures but also strengthens the support for their families back home. We thank Dhaka Tribune for spotlighting this important milestone, helping us share our vision with a wider audience. Together, we aim to drive impactful change across borders. #Chhaya #MiddleEast #MicroInsurance #Expatriates #FinancialInclusion #Innovation #GlobalImpact

🚀 Chhaya is Set to Shine at Accelerating Asia Demo Days! 🚀 At Chhaya, we believe in creating solutions that make a difference. Our journey in micro-insurance is not just about numbers—it’s about empowering lives, bridging gaps and fostering resilience for underserved communities across Bangladesh and beyond. 🌏 In just a short time, we’ve accomplished remarkable milestones: ✅ Partnered with bKash Limited and Nagad, the two leading mobile financial services platforms of Bangladesh, unlocking financial access for millions. ✅ Introduced Health Discount Cards, giving families better access to essential healthcare. ✅ Secured approval from the Insurance Development and Regulatory Authority of Bangladesh (IDRA) as a fully licensed insurtech company. ✅ Expanded into peri-urban markets in Bangladesh, reaching communities where access is most needed. ✅ Expanded into the Middle East, serving Bangladeshi expatriates working there, along with their families back home, improving their access to affordable micro-insurance. Now, we’re eagerly preparing to participate in the Demo Days for Accelerating Asia Ventures Cohort-10, a program that amplifies bold ideas and meaningful innovation. As we get ready for the Demo Days, we’re excited to showcase how Chhaya is driving impact, inspiring collaboration and shaping a more inclusive future. 📍 Singapore Demo Day – December 5 🌐 Virtual Demo Day – December 12 💡 This is your chance to witness how Chhaya is making an impact and explore opportunities to work with us as we scale new heights. 🔗 Register here to join us live: https://lnkd.in/gJkbjHeQ Let’s reimagine the future together. ✨ #Chhaya #AcceleratingAsia #DemoDay #Insurtech #MicroInsurance #FinancialInclusion #Innovation

🌍 Empowering Lives Across Borders: Our First Middle East Partnership! 🌍 We are delighted to announce a significant milestone in Chhaya’s journey toward financial inclusion: our first-ever partnership in the Middle East region! We have signed an MoU with Monak e-Services, a leading migrant fintech platform serving expatriates working in the Middle East. This collaboration opens new horizons for Chhaya, strengthening our strategic expansion and bringing micro-insurance solutions to expatriate Bangladeshis working in Oman and Saudi Arabia, enabling them to secure their financial futures while extending crucial support to their families back home. This partnership is part of our mission to scale impactful financial services across borders and drive financial inclusion for underserved communities. The Middle East is home to a significant expatriate community, and we are excited to tap into this region’s potential with Monak’s innovative platform. Together, we are pioneering scalable solutions that combine technology, remittance and insurance to better serve those who are building lives abroad and supporting families at home. This is more than a partnership—it’s a bold step into a new region, unlocking immense opportunities for growth and lasting impact. Together, we’re transforming possibilities into realities. #Chhaya #Partnership #MiddleEastExpansion #Expatriates #FinancialInclusion #Innovation #GlobalImpact

✨🌏 We’re gearing up for Accelerating Asia Cohort-10 Demo Day! 🌏✨  Since joining Accelerating Asia Ventures’s flagship accelerator, Chhaya has achieved remarkable milestones:   ✅ Doubled our monthly revenue   ✅ Secured exciting new partnerships   ✅ Connected with incredible investors and mentors  This has been a truly transformative journey, and we’re eager to share our story and vision at Demo Day! 🚀  🗓️ Demo Day Details:   1️⃣ In-person Demo Day: December 5, 2024, Singapore   2️⃣ Virtual Demo Day: December 12, 2024, online  👉 RSVP here to join and experience the vision of Bangladesh’s first tech-enabled comprehensive micro-insurance provider: https://lnkd.in/gJkbjHeQ  At Chhaya, we’re committed to bringing accessible micro-insurance to underserved communities and solving critical market challenges. This is your chance to see how we’re turning this mission into a reality.  With gratitude to the Accelerating Asia team and all our supporters, we look forward to sharing this exciting moment with you. Let’s drive financial inclusion forward, together!  🔗 Stay tuned for more updates as we approach Demo Day!  #Insurtech #StartupJourney #AcceleratingAsiaCohort10 #DemoDay2024 #FinancialInclusion

Chhaya in the News! 📰✨ We are thrilled to announce that our recent win at the Gitex Asia Award has been featured by two of Bangladesh’s leading publications—Dhaka Tribune and The Business Standard! 🎉 This recognition from major media outlets is a testament to the progress we’ve made in advancing financial inclusion through micro-insurance, and we couldn’t have done it without the continued support of our team, partners and stakeholders. 🙏 📖 Read the full articles here:   👉 Dhaka Tribune: https://lnkd.in/gcrJCFt7    👉 The Business Standard: https://lnkd.in/g2FEHQVz A big thank you to both publications for highlighting our journey! 🚀 Stay tuned for more exciting updates as we continue to scale and create meaningful impact. #Chhaya #GitexAsia #MediaCoverage #FinancialInclusion #Insurtech

🌟 Chhaya Wins Gitex Asia Award! 🌟 We are excited to announce that Chhaya has won the prestigious Gitex Asia Award under the Supernova Challenge at Expand North Star 2024 in Dubai! 🎉 This is a monumental achievement for us, standing tall among hundreds of applicants from across the globe. Chhaya was one of the 11 startups shortlisted to pitch in front of esteemed judges, and we couldn’t be prouder of our team! As part of this recognition, we’ll be showcasing Chhaya at Gitex Asia in Singapore in April 2025, with a fully covered stall, air tickets and accommodation. This milestone is a testament to the progress we’ve made and the exciting prospects ahead! 🙏 We extend our heartfelt gratitude to all our stakeholders, partners, employees and customers who continue to trust and believe in our vision of enhancing financial inclusion through micro-insurance. Your support has been pivotal in making this possible! 🚀 As we look ahead, we invite investors, partners, and collaborators from across the world to join us on this incredible journey. Together, we can scale greater heights and create meaningful impact. Stay tuned for more exciting updates! 🌍💡 #Chhaya #GitexAsia #SupernovaChallenge #ExpandNorthStar #Insurtech #Microinsurance #FinancialInclusion #GlobalStartup #Partnership #Innovation

Earlier today, we had the incredible opportunity to attend the prestigious Investor Night in Dubai, organized by Startup Bangladesh Limited, where 24 of the most promising startups from Bangladesh showcased their innovative solutions. 🎉 We are excited to share that Chhaya was among the 10 startups shortlisted to pitch in front of a distinguished audience of investors and ecosystem enablers. 🌍✨ The event was a fantastic platform to connect with investors based in the MENA region, gain invaluable insights, and explore new opportunities. The feedback we received was overwhelmingly positive, and we are eager to take these learnings forward as we continue our mission to transform financial inclusion through micro-insurance. 💡💪 With renewed energy, we are more determined than ever to expand Chhaya’s impact and bring innovative solutions to underserved communities across Bangladesh and beyond. 🚀 Stay tuned for more exciting updates as we grow together on this journey! A big thank you to Startup Bangladesh Limited for this opportunity and to all the investors and partners who engaged with us today. Let’s build a future where insurance is accessible to all! 🌟 #Chhaya #InvestorNight #Dubai #BangladeshStartups #MicroInsurance #Fintech #Insurtech #Innovation #FinancialInclusion

🎉 We’re proud to announce that Chhaya has been selected for Accelerating Asia's Cohort 10! 🚀 This is a defining moment for us. Being recognized among the top startups chosen across Southeast Asia and South Asia highlights the potential of our vision to revolutionize micro-insurance in Bangladesh. This prestigious accelerator program provides invaluable mentorship, investor access and global exposure, empowering us to scale our micro-insurance solutions faster and more effectively. We deeply thank Accelerating Asia Ventures for believing in us, and our heartfelt gratitude goes to our stakeholders, partners, employees and customers. Your unwavering support has brought us to this milestone. With great optimism, we look forward to a future filled with opportunities and innovation! #Chhaya #AcceleratingAsia