Federal Express Corporation, a leading express transportation company, has announced the winner of its annual Small Business Grant Contest (SBGC) in the Asia Pacific region. Four companies, including Aliena from Singapore, Digantara from India, McEasy from Indonesia, and NEU Battery Materials also from Singapore, have been recognized for their innovative contributions across various industries. These startups will share a total prize pool of $69,000 to help accelerate their business growth.
The contest marks its fourth year of collaboration between FedEx and Forbes Asia to spotlight emerging startups from the Forbes Asia 100 to Watch list. Judges from both organizations selected finalists based on their innovative approaches in manufacturing, energy, construction and logistics, and space technology.
Digantara emerged as the grand prize winner with a $30,000 award. Founded by CEO Anirudh Sharma in 2018, this Indian startup aims to create a 'Google Maps' for space by providing space surveillance and intelligence capabilities to manage satellite traffic securely.