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The State of Kerala Startup Ecosystem 2019

Datalabs by Inc42+

The State of Kerala Startup Ecosystem 2019

Kerala has always stood out as one of the most literate and skilled states in India. In no other states have schools, colleges, incubators, government departments and startups been so efficiently interlinked. This has created an excellent opportunity for innovators, investors and entrepreneurs.

In this report, we will study the overall impact of these initiatives by the state government as well as the Kerala Startup Mission and the impact on the state’s digital economy driven by Kerala’s vibrant startup ecosystem.

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Qouted & Trusted By

the economist
business insider
cb insights
the huffington post
the economic times
live mint
the times of india

Key Highlights

This report delves deep into the development initiatives undertaken by the Kerala government to provide a sustainable platform for startups and student innovators, which have made Kerala a shining light in the Indian startup ecosystem.

$89 Mn

Funding Raised By Startups To Date


Startups In The State

$44 Mn

Funding Secured In 2019


Innovation & Entrepreneurship Development Cells

Table Of Contents

  • Executive Summary
  • Scope Of The Report
  • Introduction To The Report
  • Kerala | An Overview
  • Kerala Startup Economy | Key Highlights, 2019
  • Kerala Startups | An Analysis
  • Ecosystem Enablers
  • Kerala Startup Mission | Initiatives
  • The Torchbearers & Changemakers
  • Kerala Startup Policy | An Overview
  • Why #StartupKerala
  • Building For India
  • Bibliography


In January 2019, KSUM launched the Integrated Startup Complex in Kochi — a sprawling complex, spread over 1.80 lakh sq ft with dedicated facilities for startups across sectors. Not only did the Kerala government create such an infrastructural backbone, but it also committed to investment more than INR 1,000 Cr in the state startups over the next four years. This report envisions to demonstrate the robust development initiatives taken by the Kerala government to provide a sustainable platform for startups and help the same to prosper and grow.

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