Funding Alert

GoKwik wins grant of $30,000 at 2022 Small Business Grant Contest


FedEx Express (FedEx), a subsidiary of FedEx Corp, announced the Winner of the 2022 Small Business Grant Contest (SBGC) TM in the Asia Pacific, Middle East, and Africa (AMEA) region. The winner of the contest was Chirag Taneja, Co-founder and CEO, GoKwik, an ecommerce company on a mission to help direct-to-consumer brands and marketplaces increase their sales through its Artificial Intelligence and Machine Learning software. The company was awarded a grant of $30,000. Other winners include Indonesia’s Kargo Technologies–a logistics platform connecting shippers with truckers to bring down logistics costs by removing middlemen and reducing empty trips; China’s magAssist–a MedTech company that develops circulatory support devices for acute/severe cardiac and pulmonary failure; and Singapore’s Homage–a healthcare services platform that caters to adults and the elderly, connecting households with licensed caregivers, nurses, therapists and physicians.

Gokwik

“Entrepreneurs like these are shaping the future of business. From an AI-powered e-commerce solution to helping patients manage heart conditions, the winning companies are demonstrating how digital transformation is creating possibilities and impacting lives,” said Kawal Preet, president of Asia Pacific, Middle East and Africa (AMEA) region at FedEx Express. “In the past, we’ve seen the winners of our competition take their businesses to the next level with the help of a FedEx grant. That’s what FedEx is passionate about — giving small businesses the right resources, tools and solutions they need, while remaining a trusted advisor to help them accelerate their business on the global stage.”

“At FedEx, we strongly believe that the future of our socio-economic development is dependent on small businesses, and for decades, we’ve been finding ways to provide entrepreneurs with greater access to possibilities and bring them a step closer to their goal to win in cross-border trade, said Suvendu Choudhury, Managing Director – International Operations, FedEx Express, India. I’m excited to see an Indian company win this highly competitive award and inspire other small businesses to dream big.” 

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