Kerala can boost start-up growth with the support of expats: KPMG’s Arun M Kumar

Kerala can boost start-up growth by revamping its curriculum and improving general, technical and vocational training with the involvement of expats from the State, said Arun M Kumar, Chairman and CEO, KPMG.

Start-ups in India witnessed $11 billion investment in 2018, growing twice from 2016. Over 1,200 start-ups were registered in 2018 alone, taking the total figure to above 7,200. B2B start-ups has a 40 per cent growth, he said, while inaugurating the eighth edition of the entrepreneurship conference ‘TiEcon Kerala 2019’.

He pointed out that telecom companies, retailiers, and e-tailers, government and regulators all have created a powerful ecosystem for start-ups to grow. “Sectors such as online education, online food delivery, financial technology, health tech and internet gaming are getting special focus,” he said.