Startups from Kerala net Rs 130-crore business at Gitex Global in Dubai
Gitex Global featured startups from Edutech, cybersecurity, enterprise tech, agri tech, IoT, media tech, health tech, fintech, insurance tech and consumer tech.
In what could be termed as the prowess and potential of Kerala’s startup ecosystem, startups supported by Kerala Startup Mission (KSUM) that participated in the just-concluded Gitex Global 2022 in Dubai have netted business worth Rs 130 crore.
A delegation comprising 40 startups from KSUM participated in the four-day event held at Zabeel Hall of Dubai World Trade Centre, which concluded on Friday. Gitex Global, the world’s largest startup event, sets a global stage for startups to explore business and investment opportunities by showcasing innovative products, technology skills and sustainable ideas.
Global stage to explore business, investment opportunities
Apart from the participating startups, 30 more startups were granted permission from KSUM to visit Gitex Global. This edition of Gitex Global featured the highest-ever contingent of KSUM-supported startups from various sectors including Edutech, cybersecurity, enterprise tech, agri tech, IoT (Internet of Things), media tech, health tech, fintech, insurance tech and consumer tech.
The KSUM delegation also attended the ‘India Startups Confluence 2022’ that connected Indian startups to startups from UAE and the Middle East-based larger ecosystem stakeholders. KSUM was the presenting partner for this event.
“Startups from Kerala received a big response from the NRI community and investors at Gitex Global Expo. In future, KSUM will support the efforts of Kerala startups to set up their offices and establish a strong relationship with UAE”, KSUM CEO Anoop Ambika said. KSUM will ensure similar participation in the coming editions of GITEX as well, he added.
KSUM has been taking startups to Gitex Global since 2018
Since 2018, as part of international exposure or market access programmes, KSUM has been taking startups from Kerala to Gitex Global. Lauding the efforts of KSUM, UAE Consul General Dr Aman Puri said, the time-tested cordial relationship between Kerala and the Middle East has paved the way for a delegation with such a huge participation.
The KSUM delegation will also visit the Sharjah Research Technology and Innovation Park and interact with their peers, before returning home.
KSUM is also planning to set up a Global Launch Pad for Indian startups in the Middle East to avail support and benefits of KSUM activities after incubating them. KSUM will also extend support to them if those startups want to shift to Kerala later.
