Seeding Kerala to attract angel investment in nascent firms; kicks off on Feb 2
Seeding Kerala summit is part of the state government’s plan to accelerate the innovation ecosystem.
The Kerala Startup Mission’s unique initiative aimed at attracting angel investment in nascent firms will get off to a start with the state Chief Minister inaugurating it on February 2. Christened Seeding Kerala, the virtual event scheduled for February 2 and 3, will have the participation of no less than 30 experts, including leading investors and thought leaders from the country’s startup ecosystem, besides ministers and senior officials.
Seeding Kerala will facilitate select startups to interact with investors, thereby muster funds. Those interested can display their startups virtually at the event. Entries, though, have been curtailed to invited firms.
The two-day proceedings feature an Investor Café for startups to gather funds, by involving 25 investors and six angel investment groups.
Seeding Kerala to aid startups to know more from experts
The event facilitates select firms, which have been picked for a National Startup Challenge, to gain deeper knowledge about funding prospects by interacting with potential investors. It gives startups an opportunity to know more from experts about mobilizing capital and newest technologies. The angel segment of investment will fund those top-rate ideas and models from startups waiting to launch products in the market. Seeding Kerala will host interactions between investors and startups, presentations of business ideas and analysis of various commercial models.
The sessions will be addressed, besides the Chief Minister, by Kerala Finance Minister K.N. Balagopal, Industries Minister P. Rajeev, Electronics and IT Principal Secretary Bishwanath Sinha, KSUM CEO John M. Thomas, Infosys Co-founder Kris Gopalakrishnan, and many others from various industry segments.
Seeding Kerala will also have the participation of Hurun India founder MD Anas Rahman Junaid, Let’s Venture Head (Fund Strategy & Investor Relations) Nakul Saxena, Indian Angel Network Co-founder Padmaja Ruparel, 100X VC founder VC Shashank Randev, ESAF Bank MD-CEO K. Paul Thomas, Artha Venture Fund Managing Partner Anirudh A. Damani, Anterprise Network Co-founder Robert Lobo, Open CEO Anish Achuthan, TCS Kerala Head Dinesh Thampi, Mane Kancor Director Geemon Korah, Kawa Space founder Kris Nair, Astrogate Labs Co-founder Nitish K. Singh, Agnikul Cosmos Co-founder Srinath Ravichandran, GalaxEye Co-founder Suyash Singh, Speciale Invest Co-founder Vishesh Rarajam, and Varma and Varma Partner Vivek Krishna Govind.
Past editions brought in Rs 70-cr investments
Started in 2016 by KSUM, Seeding Kerala summits have helped entrepreneurs turn great ideas into sound businesses through networking and leveraging investment opportunities. The summit is part of the government’s plan to accelerate the innovation ecosystem, and the past editions have brought in investments of over Rs 70 crore.
Seeding Kerala is one of the several KSUM initiatives to create a vibrant startup ecosystem in the state to foster the growth of innovation-led technology entrepreneurship.
