18.4cr committed to startups

The startup ecosystem in the state received a major boost when budding companies received assurances of investments worth Rs 18.4 crore, at the Seeding Kerala conclave organized by theKeralaStartup Mission (KSUM) in Kochi.

Kozhikode-basedSparks Angel Networkannounced of Rs 8 crore in the states startups, whileKerala Angel Networkpegged its figure at Rs 5 crore.
Phoenix Angelssaid it would invest Rs 3.5 crore,

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