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Unveiling Tech Pioneers: The 2024 South Asia Startup ICT Award Finalists

In an era of rapid technological advancement, five visionary companies, Aero-tech Bhutan, Deegenics Pvt Ltd, Fagoon AI, Her Sahulat, and Hyphen SCS Private Limited are reshaping industries across South Asia with groundbreaking solutions.

From Bhutan's first drone technology company revolutionizing high-altitude UAV applications to Sri Lanka's award-winning digital public service platform, these innovators are addressing pressing challenges through smart technology and sustainability.

Nepal's Fagoon AI is democratizing artificial intelligence, while Pakistan's Her Sahulat is empowering women with digital employment opportunities. Meanwhile, India’s Hyphen SCS is modernizing warehousing with its tech-driven ecosystem. Together, these companies stand at the forefront of progress, driving regional transformation, economic growth, and social impact while aligning with global development goals. Let's dive deeper into the top 5 finalists of South Asia ICT Award 2024.

Aero-tech Bhutan

Founded in 2021, Aero-tech Bhutan is Bhutan's first and only drone technology company, pioneering the use of UAVs for industrial solutions, research and development. With a vision to establish Bhutan as a hub for UAV and IoT excellence, the company specializes in high-altitude drone solutions tailored to Bhutan's rugged terrain.

Aero-tech Bhutan has accomplished groundbreaking projects such as creating a 3D Digital Twin of Thimphu City and developing precision agricultural drones. By training over 150 drone pilots and collaborating with global networks like Flying Labs, the company is driving innovation and sustainability in agriculture, infrastructure, and environmental monitoring.

Company's commitment to excellence and collaboration with the Bhutanese government ensures Aero-tech Bhutan is at the forefront of advancing drone technology in the region.

Deegenics Pvt Ltd

Deegenics Pvt Ltd founded in 2020 is a Sri Lanka-based company. It has revolutionized public issue reporting through its flagship product, ManKiwwa. This platform empowers citizens to report environmental, maintenance, emergency, and transport issues to state authorities in real-time. By offering features like geo-fencing, anonymous reporting, and paperless incident management, ManKiwwa streamlines communication between citizen and authorities while ensuring transparency and rapid response.

Recognized globally, Deegenics has garnered over 20 prestigious awards, including the World Summit Award and honors for Best Digital Government Solution in the Asia Pacific. Known for its innovative use of mobile technology and high social impact, the company is a leader in driving efficient and sustainable public services in Sri Lanka and beyond.

Fagoon AI

Fagoon AI, based in Nepal, is committed to democratizing artificial intelligence by making it accessible and affordable for business of all size. The company founded in 2023 is led by a team with expertise in AI integration and a vision of simplifying complex technological landscapes, the company provides cutting-edge solutions, including no-code AI agent creation, multi-language support, and adaptive prompt processing.

Fagoon AI specializes in cross-industry applications,offers services like automated marketing workflows, AI-powered filmmaking tools, and workflow automation. With strategic partnerships, including NVIDIA Inception and Microsoft Founders programs, the company is poised for international expansion while maintaining a strong presence in Nepal and Australia.

Guided by the philosophy "Democratizing AI Deployment, Transforming Technological Complexity," Fagoon AI is redefining the global AI landscape with innovation and scalability.

Her Sahulat

Founded in 2023 Her Sahulat from Pakistan is a transformative platform dedicated to empowering women through digital employment opportunities. With a mission to upskill and connect women to their dream careers, the initiative addresses the low female labor force participation and literacy rates in Pakistan.

Key offerings include community-driven upskilling programs, tailored job placements, freelance opportunities, and business networking events. Recognized for its impactful milestones—training over 18,000 women, creating 13,000+ jobs, and generating PKR 1.8 million in revenue—the platform also boasts national and international accolades, such as the Prime Minister’s National Innovation Award and the Visa & HBL She’s Next Award.

Led by an accomplished team, Her Sahulat envisions becoming a global leader in women's career development and empowerment, with plans to expand its partnerships, launch new projects, and create a sustainable social impact aligned with the United Nations SDGs.

Hyphen SCS Private Limited

Hyphen SCS Private Limited founded in 2022 is a technology-driven company headquartered in Noida, India, aiming to revolutionize the warehousing and fulfillment ecosystem. Hyphen SCS provides a full-stack platform for warehousing services, including a warehouse discovery platform, SaaS solutions, and ancillary services. The company boasts a network of 54,000+ physically verified warehouses spanning over 1.1 billion square feet in 380+ cities across India.

In 2023-24, Hyphen achieved $8 million in revenue and became EBITDA positive. With 140+ major clients like Reliance, ITC, and Berger Paints, the platform facilitates a brokerage-free model for clients and offers success-based fees for warehouse owners. Hyphen is known for its innovative solutions, such as on-demand warehousing, fractional ownership models, and dynamic space utilization.

 

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