Kerala’s efforts to become the world’s best startup hub get global recognition. The ‘Global Startup Ecosystem Report (GSER)’ presented by the US-based startup genome and global entrepreneurship network indicates Kerala holds 1st rank in availing employees at lower costs (Affordable Talents) in Asia.

• Kerala achieved the award based on initial funding, venture investment and attracting and retaining professionals.
• The State has also been ranked fourth in global ranking in the GSER, drawn up jointly by policy advisory and research organisation Startup Genome and Global Entrepreneurship Network. In the first GSER published in 2020, Kerala was ranked 5th in Asia and 20th in the world.