Kerala tops states' startup ranking as best performer

Wednesday 17th January 2024 06:43 EST
 

Kerala has earned the distinction of being the top performer in the fourth edition of the States’ Startup Ranking (2022) by the Union Ministry of Commerce and Industry, as announced in New Delhi. Anoop Ambika, CEO of Kerala Startup Mission, highlighted that while the state had consistently performed well in the previous three editions, this year's recognition as the best performer underscores its dedicated efforts in fostering a robust startup ecosystem. Along with Karnataka, Tamil Nadu, Himachal Pradesh, and Gujarat, has been designated as the best performer in the fourth edition of the States’ Startup Ranking (2022). Additionally, nine states have been identified as emerging ecosystems. Kerala's top ranking is attributed to factors such as providing institutional support to startups, students, and women entrepreneurs through knowledge dissemination. During 2022, the period under consideration for the rankings, more than 1,700 start-ups were registered in the State. Out of these, 40 were working in the fields of renewable energy, sustainability and climate change.


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