Main Media English

Get Latest News, India News, World News at Main Media English

Support Us

Set up $50 million corpus to back Kerala startups, says Tharoor

IANS logo Reported By IANS |
Published On :

Thiruvananthapuram, Nov 16 ( IANS) Congress leader and Thiruvananthapuram MP Shashi Tharoor on Thursday asked High Networth Individuals (HNIs) of Kerala to create an investment corpus fund of $50 million to invest in startups of the state.

In his address at the Huddle Global 2023, organised by Kerala Startup Mission (KSUM), he asked investors and rich people in the state to form a group of 50 and pool one million US dollars each to fund the startups in the state.

Also Read Story

Empty chairs, forced attendance allegations cast shadow on INDIA bloc’s Delhi rally

Nagaland’s sole LS seat to witness triangular contest in 2024 polls

Odisha Crime Branch busts racket involved in Rs 1.04 cr fraud

IPL 2024: Under-pressure Mumbai Indians hope to shine in home comfort (Preview)

IPL 2024: Sai Sudharsan, David Miller star as clinical Gujarat beat Hyderabad by seven wickets

Viksit Bharat Ambassador meet-up: India is world’s 3rd largest start-up ecosystem today, says I&B Minister Anurag Thakur

Amit Shah chairs meeting of Lok Sabha core committees in Jaipur, holds roadshow in Sikar

IPL 2024: Ishant Sharma back as Delhi Capitals win toss, elect to bat against CSK

Viksit Bharat Ambassador Jaipur meet-up: Participants heap praise on the initiative

“We are ready. Are you?” asked Tharoor.


“Kerala is ready to take up the technological challenges of the world and the Huddle Global 2023 is sending out a clear message on this. In early days, the word innovation had a negative air about it as it signaled uncertainty. The word disruption that is used widely now also has a similar nature. But the message is clear: disrupt or get disrupted,” he said.

“India has a great strength as developed nations are becoming aged societies. Even in the US, which attracts migrants from across the world, the average age is 40 while in India it is 29. The problem India faces is the lower standard of education in many places. But Kerala has overcome that problem and has developed a good education system. That has enabled the state to become a hotspot for research institutions and companies looking for quality talent,” Tharoor added.

Now into its fifth edition, Huddle Global 2023 has a convergence of around 15,000 delegates from within the country and abroad, showcasing the strength of Kerala’s robust startup ecosystem.

–IANS

sg/vd

(This report is auto-generated from IANS news service. 'Main Media' holds no responsibility for its content.)

Get involved in bringing the ground realities of Seemanchal. Click the "Support Us" button to join our membership.

Support Us

Related News

Pawar vs Pawar: A fight for supremacy in Baramati

Rebel Wilson opens up on weight loss journey, says she’s an emotional eater

Shraddha Kapoor asks fans how they wasted 1st quarter of 2024

PM Modi virtually interacts with party workers in Varanasi

AIADMK will ally again with BJP after LS elections, says Chidambaram

PE-VC investments fall by 8 per cent to $6.2 billion in Q1

Cut! Mark Ronson’s role in Amy Winehouse biopic gets axed

Leave a Reply

Your email address will not be published. Required fields are marked *