Business Economy


Kerala govt appoints Tapan Rayaguru as CEO of KSUM

Thiruvananthapuram, Feb 11 (UNI) Kerala Government has appointed Mr Tapan Rayaguru as the Chief Executive Officer (CEO) of Kerala Startup Mission (KSUM), the nodal agency of the state Government for building the startup ecosystem in the state, for a period of three years.
Mr Rayaguru, an alumnus of IIM Calcutta and IIT Kharagpur, has more than 25 years of global experience in the technology and analytics services industry leading client advocacy, execution and grooming future leaders, a release said here on Thursday.
He also seeded and scaled data science capabilities with focus on Machine Learning and Artificial Intelligence (AI).
Mr Rayaguru has held executive roles in multinational companies like GlobalLogic Inc. and Infosys Technologies Limited.
Prior to his appointment in KSUM, the 50-year-old technocrat was the Global Chief Operating Officer (COO) of Tredence Inc. Tapan, who has a detailed understanding of the global technology and analytics landscape, which will help the technology startups to fine tune their products for the world market.
Commenting on his appointment, Mr Tapan said, “I consider it as a privilege to be selected for this role. I expect to take forward the excellent work done so far by Dr Saji Gopinath and his team with help of all the stakeholders."
Kerala has built a robust startup ecosystem connecting all the stakeholders starting from schools, colleges, professionals, startups, incubators, accelerators, investors, R&D institutes, mentors etc.
Kerala has become one of the top startup destinations in the country and the new leadership shall bring in industry collaborations and global connect for the mission.
Kerala has always been a platform for budding entrepreneurs and on the scaling up stage, most of them locate to other parts of the country due to scarcity of industries, who could handhold them in the scaling up process.
UNI DS CS 1716
More News

Amazon in launches elevate programme to empower creators & scale monetization opportunities

15 May 2025 | 3:45 AM

Hyderabad, May 14 (UNI) Amazon.in marketplace is operated by Amazon Seller Services Private Ltd, on Wednesday announced the launch of its Elevate Programme, a strategic initiative designed to boost the performance of content creators associated with the Amazon Influencer Program.

see more..

Apollo Tyres FY25 revenue closed at Rs 26,123 crore

15 May 2025 | 2:44 AM

Kochi, May 14 (UNI) The Board of Directors of Apollo Tyres Ltd has approved the company’s audited financial results for the fourth quarter (Jan to Mar) and the financial year 2024-25.

see more..

Torrent Power net profit surges 63 pc in FY 2024-25

14 May 2025 | 8:52 PM

Ahmedabad, May 14 (UNI) Torrent Power Ltd on Wednesday reported a 63 percent jump in its total comprehensive income (net profit) for the financial year 2024-25 at Rs 3,059 crore, as against Rs 1,882 crore in the previous year.

see more..

MakeMyTrip sees 250 pc spike in Turkiye, Azerbaijan cancellations

14 May 2025 | 6:37 PM

New Delhi, May 14 (UNI) Amid rising diplomatic tensions following Turkiye and Azerbaijan’s public support for Pakistan in the aftermath of India's Operation Sindoor, Indian travellers are increasingly boycotting trips to the two nations.

see more..

Growing prominence of Life science industry impacts Real Estate development growth globally : CBRE Report

14 May 2025 | 6:08 PM

Hyderabad, May 14 (UNI) The growing prominence of the life sciences industry has significantly impacted the growth of real estate development globally, with more than 35 million sq. ft. of lab/research and development (R&D) properties under construction last year, said CBRE, world’s leading real estate consulting firm, in its report ‘Global Life Sciences Atlas,’ released on Wednesday.

see more..