Kerala government mobilises Rs 1,000-crore investment fund for startups

KOCHI: In its efforts to build a stronger startup ecosystem in Kerala, the government has managed to tap into private investment funds to raise Rs 1000 crore in corpus funds for budding entrepreneurs, to be available over the next four years. Kerala Electronics and IT Department secretary M Sivasankar said Unicorn India Ventures, Exseed Electron Fund, Indian Angel Network and Speciale Incept Fund are the investors who the government has selected in response to a tender floated recently.