KSUM Inks MoU with German IT Major adesso to Foster Innovation

THIRUVANANTHAPURAM:
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.

Headquartered in Germany, adesso India, which has office at Infopark in Kochi. With over 10,000 employees in more than 60 locations worldwide, adesso Group is one of the largest German IT service providers.

adesso offers digital and IT solutions and services across multiple business domains, ranging from financial services, insurance, automotive, manufacturing, retail, healthcare & utilities. As an innovative IT service provider, adesso focuses on linking technology, research and science in order to shape the solutions of tomorrow.

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

Noting that it is a significant tie-up for the ecosystem, Anoop said the collaboration with adesso India will open new avenues for startups to market their innovative products and services beyond the usual terrains.

He added that the MoU focuses on fostering innovation and enables startups scale up their ventures.

Shali Hassan, Managing Director, adesso India said: “We are excited to be a part of innovation and startup ecosystem in the region. This bi-modal partnership will foster innovation and enable our clients to leverage new age technology and ideas to accelerate business outcomes and help regional start-ups to explore global markets and perspectives. “

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 on driving innovative solutions to 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 to adesso and conduct talent engagement and acquisition activities through hackathons. With this partnership, KSUM will provide adesso with access to its Labs & Innovation Center for various innovation pilots and proof of concepts.

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