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Keralam positions itself as a value-driven launchpad for deeptech startups

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Keralam positions itself as a value-driven launchpad for deeptech startups

Keralam wants to build its startup ecosystem and lead from the front, especially in deeptech and AI.

At the inaugural of Huddle Global 2026, a beachside startup festival of the Keralam government, Chief Minister V D Satheesan said, “Our next task is to take Kerala's companies to the world. Kerala does not need the most startups. It must be the place where startups grow stronger.”

The state which had about 300 startups in 2016 now has around 9,200 such young companies with a combined valuation of $1.7 billion. The startup segment of Keralam has attracted over Rs 8,500 crore of funding.

Huddle Global has been positioned by the Keralam government as a showcase of its startup ecosystem and the inaugural edition was held in 2018.

The chief minister said there will be a shift in its approach for its startup ecosystem where the first phase was all about a mission and the second phase is to scale this mission.

He also highlighted that the state government has been supporting the startups through a fund of funds programme and is looking to strengthen this initiative by increasing the limits of its innovation grants, R&D support and seed funding.

“Our aim is simple. In Kerala, a good idea should never fail for the lack of capital,” Satheesan remarked.

The Chief Minister also stressed on the role of future technologies coming into play and the State government is looking to strengthen its incubation network through stronger partnerships with academia.

” He further added that the government will bring in more initiatives in this segment to attract investments.


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