UAE feeder fund pledges ₹1,000 crore for Kerala startups

A UAE-based feeder fund led by the Global Alliance has announced a ₹1,000 crore investment commitment for Kerala startups over three years. The initiative aligns with the Kerala Startup Mission’s funds-of-funds framework and aims to channel global NRI capital into the state’s innovation ecosystem, strengthening startup discovery, acceleration, and access to long-term growth capital.