Thiruvananthapuram, Dec. 14 -- Giving a major boost to Kerala's innovation ecosystem, UAE-based Feeder Fund, spearheaded by the Global Alliance, will provide Rs 1000 crore fund for startups in the state over a period of three years.
This fund is envisioned as a structured vehicle for the global NRI community to participate meaningfully in the growth of the Kerala startup ecosystem, while also complementing and supporting the Funds-of-Funds programme of the Kerala Startup Mission (KSUM).
Anoop Ambika, CEO of Kerala Startup Mission (KSUM) announced it at the valedictory of the three-day 7th edition of India's largest beachside startup festival Huddle Global 2025, organised by KSUM, at Kovalam near here.
Ambika said it was a major achieveme...