UAE Feeder Fund to inject Rs 1,000 cr into Kerala startups

• UAE-based Feeder Fund, led by Global Alliance, will provide Rs 1,000 crore over three years to Kerala startups.
• The fund aims to involve the global NRI community in Kerala's startup ecosystem and supports KSUM's Funds-of-Funds programme.
• The announcement was made by KSUM CEO Anoop Ambika at the Huddle Global 2025 event in Kovalam.
• Kerala CM Pinarayi Vijayan launched KSUM’s ‘LeapX AVGC-XR Accelerator Programme’ for startups in animation, VFX, gaming, comics, and extended reality.
• The LeapX program offers mentorship, industry access, investor interactions, funding, and marketisation grants for eligible startups.

Why It Matters: Kerala startups get ₹1,000 cr boost from UAE fund, fostering innovation.