Business Standard

Kerala startup ecosystem seeing reverse migration of entrepreneurs

Kerala startups attracted $60-70 million investment last year, according to Kerala Startup Mission

Kerala startup ecosystem seeing reverse migration of entrepreneurs
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Gireesh Babu Chennai
Successful entrepreneurs looking for their next venture are flocking towards Kerala as they look to make most of the relatively lower cost of operations and skilled manpower available in the southern state that has an evolving startup ecosystem with focus on latest technology.

At least 20 companies would have returned to Kerala in the last six months, according to Saji Gopinath, CEO of Kerala Startup Mission (KSUM), the government wing which takes initiatives to build up a pipeline of startups in the state.

"It is either Keralites coming back to the state after starting in other cities or successful Keralite

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