UAE-Based Feeder Fund Infuses Rs 1,000 Crore into Kerala's Startup Ecosystem
The UAE-based Feeder Fund is set to inject Rs 1,000 crore into Kerala's startup ecosystem over three years, nurturing innovation through the support of the global NRI community. Announced at the Huddle Global 2025 festival, this initiative aligns with Kerala Startup Mission's Funds-of-Funds programme.
- Country:
- India
In a significant development for Kerala's innovation landscape, the UAE-based Feeder Fund, under the Global Alliance's stewardship, has pledged Rs 1,000 crore to support startups in the region over the next three years.
This funding initiative encourages meaningful participation from the global NRI community, enhancing Keralan startups' growth prospects and aligning with the Funds-of-Funds programme of the Kerala Startup Mission (KSUM).
The announcement was made by KSUM CEO Anoop Ambika during the Huddle Global 2025 festival, underscoring the vibrant startup ecosystem within the state and marking a notable achievement of the event.
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