Inovace stood as 2nd Runner Up at the BASIS National ICT Award 2019 for Business Solutions in ICT Services for their Secondary Sales Monitoring Solution InSales.
Participating in the Digital Device & Innovation Expo 2019, Inovace won the award for best Innovation for their biometric solution Tipsoi.
In 2015, Inovace was nominated for the Best Hardware Startup at Seedstarsworld Bangladesh for Tipsoi. It was the first of many other awards that Inovace has achieved.
In 2020, Inovace became the champion of Covid 19 Act Online Hackathon in Access to Information category for their quarantine monitoring solution ‘Nirapod -Stay home, Stay safe’