PRESS RELEASE

September 12 - 2024

KSUM inks MoU with German IT major adesso to foster innovation

Thiruvananthapuram, 12 Sep 2024: In a vital collaboration to ramp up the innovation ecosystem, Kerala Startup Mission (KSUM) signed a memorandum of understanding (MoU) with leading global IT service provider adesso India to mentor startups under KSUM, besides supporting their innovative projects to scale up.

Germany-headquartered adesso India, which has office at Infopark in Kochi, With over 11,000 employees in more than 60 locations worldwide, adesso Group is one of the largest German IT service providers offers digital and IT solutions and services across multiple business domains, ranging from financial services, insurance, automotive, manufacturing, retail, healthcare & utilities. adesso has been an innovative IT service provider and focussed on linking Technology, Research and Science to to shape tomorrow's solutions.

KSUM CEO Shri Anoop Ambika and adesso India Managing Director Shri Shali Hassan signed the MoU with esteemed presence of Dr. Rathan U Kelkar IAS Secretary Electronics & IT Govt of Kerala, Shri Pramod Muralidharan Managing Director adesso India, Shri Malte Unger Managing Director adesso Ventures, Shri Torsten Wegener Advisor to adesso SE Board, Shri Sooraj Rajan Senior Manager adesso India, and Shri Ashok Panjikaran Head Business Linkages KSUM.

KSUM and adesso will collaborate to enhance the ecosystem for supporting innovation for the products and services of startups. To enable possibilities of market outreach, adesso will facilitate KSUM startups with enhanced market exposure through its network and industry connections. adesso also intends to collaborate with academic institutions to foster innovation projects in automotive, mobility, fintech and digital sectors. With a focus to drive innovative solutions for modern business challenges, adesso will also actively engage, steer and participate in various innovation and hackathon initiatives of KSUM.

On its part, KSUM will scout for interesting startups relevant for adesso and conduct talent engagement and acquisition activities through hackathons. With this partnership, KSUM enables access of its Labs & Innovation Center to adesso for various innovation pilots and proof of concepts.

KSUM, which was established in 2006 under the Kerala government, works for entrepreneurship development and incubation activities in the state.