Thiruvananthapuram: Regardless of the disaster, startups within the state proceed to make strides. As of July this 12 months, startups have secured investments price Rs 329 crore. Startups have excelled in creating Covid defensive concepts. Greater than fifteen startups launched defensive merchandise. Funding has elevated because the merchandise have attracted world consideration.
These merchandise have been additionally utilized by the state authorities for Kovid protection. It has launched varied startups starting from face shields, masks and cellular purposes to robots. Developed by Startup, a replica software of the GOK Direct cellular software utilized by the state authorities. Designed by Fast Physician Fast DR Healthcare Ltd., the place you may search the companies of a health care provider at dwelling. It has been utilized by tens of hundreds of individuals, together with these stranded in overseas international locations.
This software is utilized by the Catastrophe Administration Authority, Well being Division and IT Mission. The robots used within the isolation wards have been designed by Asimov Robotics. These robots are utilized by the Division of Well being. Developed varied startups together with N95 Masks, Ventilator, Thermal Screener, Face Protect and Masks Disposal Machine. Startups reminiscent of iBosum, VST, Avatar, Hee Design and Biogas launched varied merchandise.
1539 crore funding in 4 years:; -207 crore through the UDF interval
4 years after the LDF authorities, it has obtained Rs 1,539 crore in investments in varied startups.
On the identical time, within the 5 years of the UDF authorities, it was solely 207 crores
Launched earlier this 12 months on the Built-in Startup Advanced in Kalamassery, Tremendous Fab Lab is the primary of its sort in america. If 300 startups have been registered within the UDF authorities, now it has elevated to 2865.
The variety of incubators elevated from 18 to 42 and the variety of accelerators elevated from one to 6. Throughout the UDF authorities, 15 startups obtained worldwide help, however now there are 130.
Obtained funding through the Kovid interval
Startups and funding
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