more-inPowered by policy support, infrastructure and entrepreneurship development initiatives, the start-up culture has struck roots in Kerala, with the State accounting for 757 of the 5,000-odd technology start-ups in the country. The IT sector hosts the maximum number of 388 start-ups in Kerala, followed by health with 59, retail with 55 ventures and educational technology with 52. The other industry segments that have proved to be a magnet for entrepreneurs in the State include fintech, agro, gaming, energy, automobile and media, according to the latest report of the Kerala Startup Mission (KSUM). Ernakulam, with 414 start-ups and Thiruvananthapuram with 134 are the leading destinations for start-ups, with the rest distributed across the other districts. The company which develops robotic manipulators for device test automation is ranked among the top 50 start-ups in the world.

Source: The Hindu October 24, 2017 15:45 UTC