September 10, 2021
2 mins read

KLAIM wins in KPMG Private Enterprise Tech Innovator

KLAIM wins UAE round in KPMG Private Enterprise Tech Innovator 2021 competition…reports Asian Lite News

KLAIM, a tech start-up based in the UAE, has won the KPMG Private Enterprise Tech Innovator in the UAE competition for 2021. With this, KLAIM joins the winning tech innovators from 16 countries across the world to qualify for the Global Tech Innovator competition finals at Web Summit 2021 in Lisbon, Portugal this November.

KLAIM was among five tech scale-ups who reached the finals of the UAE round of the KPMG Private Enterprise Tech Innovator competition. The UAE round, held on September 7, offered an opportunity for tech innovators in the country to pitch and present their growth ambitions and innovation to panels of local and global tech industry experts.

KPMG_ Anurag Bajpai_ Partner, Head of Consumer & Retail at KPMG Lower Gulf

KLAIM presented a model on streamlining the insurance claim submission, payment, and adjudication process for healthcare providers, using Artificial Intelligence.

ANURAG BAJPAI, PARTNER, PRIVATE ENTERPRISE LEADER, KPMG LOWER GULF: “We are thrilled with the response to the KPMG Private Enterprise Tech Innovator competition in the UAE. Amongst the impressive line-up of trailblazers in the UAE who were in the running to become future tech titans, KLAIM stood out as the deserving winner with its innovative technologies, business model, and the potential to scale up globally.”

He added: “We had a distinguished panel of industry experts, who vetted the pitches across six equally-weighted criteria, including disruption & innovation, market potential, customer adoption, market traction and marketing, long-term potential, and pitch quality. While there could be only one winner, we acknowledge and recognize these innovative companies who are the foundation of socio-economic development in the UAE and are aligned with the government’s vision to attract and nurture creativity and talent in the country.”

ALSO READ: Dubai Chamber launches a new cycle of competition

For eligibility in the country-level competition, the companies could be anywhere in their tech business lifecycle — from start-up to accelerated growth, should have been registered in the UAE, actively operating for five years or less (in their current form) and generating revenues between USD 1-15 million or have raised at least USD 500,000 in equity.

Previous Story

Supercars to take over Dubai’s Souk Al Marfa’s

Next Story

Afghans in Delhi stage protest against Pakistan

Latest from Dubai

DXB braces for summer surge

Dubai International launches peak readiness plan amid global travel rebound and regional disruptions Dubai International Airport (DXB), the world’s busiest hub for international passengers, is gearing up for one of its busiest

Dubai Unveils Visa Megacentre

Spanning nearly 150,000 square feet, the Dubai Visa Application Centre has the capacity to process up to 10,000 applications daily, making it the highest-capacity visa processing centre at a single location in

World needs Dubai’s ambition: Morgan

Piers Morgan has hailed Dubai’s transformation as an example of what visionary leadership can achieve. British broadcaster Piers Morgan has praised the extraordinary ambition and vision of His Highness Sheikh Mohammed bin

Dubai Retains Top Spot for Global FDI in Creative Industries

Dubai’s ‘Zero Government Bureaucracy’ (ZGB) program has played a pivotal role in simplifying administrative processes, reducing unnecessary requirements, and boosting efficiency across government agencies Dubai continues to solidify its position as a
Go toTop

Don't Miss

Kerry Calls For Accountability, Strong Decisions at COP28

Kerry expressed concern about the lack of follow-through by some

Dubai cements status as global economic hub: Hamdan

Dubai has emerged as one of the world’s safest and