'Seeding Kerala', to be organised by KSUM and LetsVenture, is aimed at helping and guiding HNWIs of Kerala to invest in some of the best startups
The Central Government recently lauded the growth of startup ecosystem in Kerala spearheaded by the Kerala Startup Mission (KSUM) by bestowing the ‘top performer among the States’ tag.
KSUM is making every effort to not miss any opportunity to scale up the startup ecosystem. In such an initiative, KSUM in association with LetsVenture, an online platform for angel investments, will organise the fourth edition of ‘Seeding Kerala’ program in Kochi on January 23 to bring together the high-net-worth individuals (HNWIs) of Kerala to provide them opportunities to invest in some of the best startups from the State and other parts of India.
The event is envisaged as a virtual platform for people who are interested in seeding startups both financially and as mentors. Seeding Kerala will focus on connecting the existing ecosystem in the State to national and international touch points.
“It is the fourth Seeding Kerala event to be organised by KSUM along with LetsVenture. We expect a gathering of around 100 investors and potential aspirants. It will be an event where one could share one’s experiences, understand the excitement of investing in startups and nuances of startup investment, and learn how we can give back to society as well as be a part of the journey for creating innovative products which can actually reshape the world,” said Dr. Saji Gopinath, CEO, KSUM.
To be held at Kochi Marriott Hotel, the event will host marquee investors from the country’s startup ecosystem and senior officials from the State and Central Governments.
“We are very impressed by the way KSUM has helped groom the startup ecosystem. Recently, it has started another initiative under which they acted as a Fund of Funds and invested in funds like us. We look forward to keep investing and help growing the ecosystem,” said Anil Joshi, Managing Partner, Unicorn India Ventures.
KSUM will offer around Rs. 10 lakh and other prizes to the best startup in the country that will be chosen at the meet. The highlights of the conference will be an Angel Investing Masterclass – covering the basics of investment and portfolio diversification, legal aspects of investing and some remarkable business case studies from the State.
About 10 leading technology startups selected at the national level will be getting an opportunity to receive investment worth up to Rs. 3 crore and guidance from experts at the event. They also stand the chance of getting business partners. The startups can pitch their ideas before the individuals and institutions participating in the event with a readiness to invest.
According to KSUM officials, market access, industry exposure and one-year branding support are the other opportunities awaiting the startups at the event.
“Kerala has a very vibrant startup ecosystem. A unique feature of the ecosystem is that it is not city-centric. It is available throughout the State. We have also started looking at the possibility of educating the home-grown HNWIs, small companies and corporates to make them consider investing in this startup ecosystem,” said M Sivasankar IAS, Secretary, Department of IT and Electronics, Government of Kerala.
Investors will get opportunities to involve themselves in startup policy formulations, invest in the best 50 startups in Kerala, partner with Fund of Funds of the Government of Kerala, get facilitation space at Incubation Centres and network with potential partners etc.
Anil Joshi; Manoj Kumar Agarwal, Co-founder, Sea Fund; Mehaboob M A, MD, Secura Investment Management; Vishesh Rajaram, Managing Partner, Speciale Incept Advisors; Dibya Prakash, Co-founder, Technology and Business Consulting Group; Shilen Sagunan, Chief Executive, SS Consulting; Vinod Keni, Partner, Artha Venture Fund; and Abhishek Prasad, Managing Partner, Cornerstone Venture Partners Fund, among others, will attend the event.
technopolis, the official campus magazine of IT Parks Kerala is the Magazine Partner of the event.