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Hong Kong SAR, China, November 28, 2022 — FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, announced the Winner of the 2022 Small Business Grant Contest (SBGC) TM in the Asia Pacific, Middle East and Africa (AMEA) region. In addition, three other companies were recognized with Special Mentions. The four companies from India, Indonesia, China and Singapore will share a prize pool of US$69,000, each receiving a grant to accelerate their business in the region and beyond.

This is the second year that FedEx is collaborating with Forbes Asia to identify rising start-ups from the Forbes Asia 100 to Watch list. A panel of judges from FedEx and Forbes Asia selected the winners from among the region’s most outstanding start-ups and small businesses across a broad spectrum of industries. Four companies stood out with their remarkable vision and scalable business ideas.

The Winner receives a grand prize worth US$ 30,000:

India: Chirag Taneja, Cofounder and CEO, GoKwik – an e-commerce company on a mission to help direct-to-consumer brands and marketplaces increase their sales through its Artificial Intelligence and Machine Learning software.

The following three small businesses were accorded Special Mentions and awarded a cash prize of US$13,000 each: