# Chhaya

> Digital micro\-insurance carrier making coverage affordable and accessible in Bangladesh

## At a glance

| Field | Value |
| --- | --- |
| Type | Carrier |
| Region | APAC |
| Headquarters | Dhaka, Bangladesh |
| Employees | 51-200 |

## Overview

Chhaya is a direct-to-consumer digital micro-insurance carrier licensed by the Insurance Development and Regulatory Authority (IDRA) of Bangladesh, offering health, motor, travel, and life coverage to individuals and small businesses. The company operates under license number 53.03.0000.017.16.033.2024 and functions as a regulated insurer rather than a technology intermediary. Its primary focus is on expanding insurance access to the large uninsured population in Bangladesh, including informal sector workers, homemakers, and small entrepreneurs.

The carrier delivers an end-to-end paperless experience, allowing customers to register in under three minutes and receive digital claims settlements within approximately one week. Product delivery is supported by a network of 230+ healthcare partners across 36+ districts in Bangladesh. Chhaya has partnered with bKash, Bangladesh's leading mobile financial service, to enable auto-renewal subscription plans, and works alongside established local insurers including Pragati Life Insurance Ltd, Protective Islami Life Insurance, Green Delta Insurance, and Astha Life Insurance.

Chhaya is seed-funded with backing from Orbit Startups, Iterative, Accelerating Asia, DIVC, Turtle Venture Studio, Stanford Seed, Particle Alliance, and Dekko ISHO Venture Capital. The company won the GITEX Asia Award 2025 in the Supernova Challenge category, recognizing its work in bringing digital insurance to underserved populations in South Asia.

## Links

- Website: <https://www.chhaya.xyz>
- Directory profile: <https://insurtechlist.com/companies/chhaya/>
- Linkedin: <https://bd.linkedin.com/company/chhaya-bd>

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*Last updated: 2026\-05\-17*