Kerala ranks among India’s top 5 start-up incubation hubs: CREDAI-ANAROCK
With a conducive environment for entrepreneurs to grow and flourish, the start-up ecosystem in Kerala is catching up with neighbouring Karnataka. Primarily known for tourism, the state currently hosts more than 2,200 start-ups, with over 36 per cent of these in Kochi alone.
The CREDAI-ANAROCK report ‘Kerala – Unravelling the Growth Trajectory’ unveiled at the CREDAI Kerala Statecon – 2020 held in Kochi today, confirms that the state now ranks among India’s top 5 start-up incubation hubs along with Gujarat, Karnataka, Odisha, and Rajasthan.
The report finds that in terms of overall start-up funding in Kerala, both 2018 and 2019 saw significant growth over the previous years.