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Top 9 Kerala Startups to Watch in 2026

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Kerala's startup environment features a wide range of companies, from enterprise software to consumer goods. This includes established players alongside newer deep tech ventures.

For example, IBS Software has secured over $673 million in funding for its travel industry solutions. Other companies are making advances in fields like underwater robotics and semiconductor design.

Below is our list of 9 Kerala startups worth keeping an eye on.

Failory's Top 9 Picks

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IBS Software provides SaaS solutions to the global travel, transportation, and logistics industries. Their platforms help businesses like airlines, hotels, and freight companies manage critical operations from passenger services to supply chain management.

Year Founded1997
FoundersValayil Mathews
Funding Amount$673.5M
Startup SizeEnterprise Organization (5,001+)
Last Funding StatusSecondary Market
Top InvestorsGeneral Atlantic, Apax Partners, Blackstone Group

Joyalukkas offers a wide range of fine jewelry through its international network of retail showrooms and an e-commerce platform. The brand is recognized for its certified gold and diamond collections and has grown to operate in 11 countries.

Year Founded1987
FoundersJoy Alukkas
Funding AmountAED500M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusDebt Financing
Top InvestorsEmirates NBD

Netrasemi designs and develops high-performance analog and mixed-signal intellectual property for next-generation system-on-chips. Their semiconductor solutions are engineered for demanding applications in 5G, high-performance computing, and AI.

Year Founded2020
FoundersSreejith Varma
Funding Amount₹1.2B
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsUnicorn India Ventures, Zoho

EyeROV develops and manufactures underwater drones for the visual inspection of submerged infrastructure. Their remotely operated vehicles (ROVs) provide critical survey data for assets like dams, bridges, and offshore platforms.

Year Founded2016
FoundersJohns T Mathai
Funding Amount$1.9M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsBrinc, Unicorn India Ventures, GAIL, Venture Center, Department of Science and Technology

Duroflex designs and manufactures a wide range of sleep solutions, from research-backed mattresses to pillows and other accessories. They have become a leading name in the consumer market by focusing on orthopedic technology to improve sleep health.

Year Founded1963
FoundersPC Mathew
Funding Amount$82M
Startup SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsNorwest Venture Partners, Lighthouse Funds

Zaara Biotech focuses on micro-algae research to develop solutions for global food and energy challenges. Their work has resulted in a line of consumer food products, including nutritional supplements and beverages made from algal ingredients.

Year Founded2016
FoundersNajeeb Bin Haneef
Funding Amount$10M
Startup SizeLean Team (11-50)
Last Funding StatusCorporate Round
Top InvestorsTranscend International, TCN General Trading

Beyond Snáck produces authentic banana chips, reimagining the traditional Kerala snack with a variety of new flavors. The brand is focused on turning a local favorite into a premium, packaged product for a broader market.

Year Founded2018
FoundersManas Madhu
Funding Amount$12.6M
Startup SizeFounding Team (1-10)
Last Funding StatusSeries A
Top Investors100X.VC, Nabventures, Enrission India Capital, Faad Network, HEM ANGELS

GenRobotic develops robotic systems, including powered exoskeletons, to improve safety in hazardous jobs. Their flagship product, the Bandicoot robot, automates the cleaning of confined spaces like sewers to eliminate the need for manual scavenging.

Year Founded2015
FoundersNikhil NP, Vimal Govind MK
Funding Amount$4M
Startup SizeMid-Size Team (51-250)
Last Funding StatusGrant
Top InvestorsUnicorn India Ventures, Seafund, Zoho, Swachhata Startup Challenge, Anand Mahindra

Bhooshans Junior builds a character-driven world for kids that spans both digital and physical experiences. Children engage with original characters through an app with games and animated series, as well as through hands-on subscription activity boxes.

Year Founded2019
FoundersJoseph Panikulam, Sarath Bhooshan
Funding Amount$206.3k
Startup SizeLean Team (11-50)
Last Funding StatusPre-Seed
Top InvestorsKerala Startup Mission

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