Investment culture
Kerala’s Startup Ecosystem will play a major role in bolstering future investments, said Kerala Finance Minister K.N. Balagopal. He said the state needs to develop an investment culture.
“We have a lot of HNIs and several new areas need investment. A campaign to attract HNIs is needed,” he said.He was inaugurating the seventh edition of Seeding Kerala, the Kerala Startup Mission’s (KSUM) flagship initiative to attract investors.
Mature ecosystem
Infosys co-founder Kris Gopalakrishnan said Kerala’s startup ecosystem has become more mature. “I strongly believe that Kerala has created a sustainable model ecosystem for startups with a bright future,” he added.
The invite-only summit would witness interactions between 150 select participants, 100 HNIs, representatives of 10 top funds. It will also include 4 Angel Networks, 30 corporate houses and family offices besides 30 selected startup founders. Unicorn India Ventures, Indian Angel Network, and Speciale Invest are the fund partners for the event. The summit is one of the many initiatives undertaken by KSUM in its quest to create a vibrant startup ecosystem in the state.
