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6 Most Established Startups in Kerala

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There's no doubt that Kerala has become a leading hub for technology-based startups.

Some of the world's most successful ones reside there.

Major factors behind Kerala's success with these startups include an abundance of highly skilled talent, government support that includes tax incentives, and progressive attitudes towards startups.

Here's a list with 6 fast-growing startups located there.


6 Startups in Kerala

1) IBS Software Services

1) IBS Software Services

IBS Software is a leading global provider of next-generation IT solutions for the Travel, Transportation, and Logistics industries.

Details of the startup:

  • Started in: 1997
  • Founders: Valayil Mathews
  • Industries: Information Services, Information Technology, Software
  • Number of employees: 1001-5000
  • Funding amount: $223,500,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

2) Kalyan Jewellers

2) Kalyan Jewellers

The company's roots are in textile retailing and wholesaling, and it has over a century of experience in the industry.

Details of the startup:

  • Started in: 1993
  • Founders: TS Kalyanaraman
  • Industries: Fashion, Jewelry, Product Design
  • Number of employees: 5001-10000
  • Funding amount: $277,152,517
  • Number of funding rounds: 2
  • Number of investors: 1

You can find their website here.

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3) Entri

3) Entri

Entri is a platform for teachers and students to learn vernacular languages.

Details of the startup:

  • Started in: 2015
  • Founders: Mohammed Hisamuddin, Rahul Ramesh
  • Industries: E-Learning, Education, Higher Education, Language Learning
  • Number of employees: 51-100
  • Funding amount: $4,300,000
  • Number of funding rounds: 6
  • Number of investors: 5

You can find their website here.

4) FarmersFZ

4) FarmersFZ

FarmersFZ is an online store that sells fresh and safe produce and agricultural items.

Details of the startup:

  • Started in: 2015
  • Founders: Pradeep PS
  • Industries: Agriculture, AgTech, Farming, Fruit, Organic Food
  • Number of employees: 11-50
  • Funding amount: $475,859
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

5) BuildNext

5) BuildNext

IT-Enabled Construction is a new concept in the construction industry.

Details of the startup:

  • Started in: 2015
  • Founders: Finaz Naha, Gopi Krishnan
  • Industries: B2B, B2C, Building Material, Construction, Information Technology, Logistics, Procurement, Project Management, Supply Chain Management
  • Number of employees: 51-100
  • Funding amount: ₹35,500,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

6) Duroflex

6) Duroflex

Duroflex Pvt. Ltd. is a private limited company based in India. Ltd. is a major mattress manufacturer.

Details of the startup:

  • Started in: 1963
  • Industries: Consumer Goods, Manufacturing
  • Number of employees: 1001-5000
  • Funding amount: $22,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

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