Global startup summit in Coimbatore secures ₹127 crore in investments

The two-day Global Startup Summit 2025 held in Coimbatore emerged as a resounding success, attracting investment commitments worth ₹127 crore and reinforcing Tamil Nadu’s growing reputation as a leading innovation hub. The event, organised by StartupTN, served as a key milestone in the state’s ambitious goal of transforming into a USD 1-trillion economy by 2030, according to a government statement issued on Saturday.

Hosted at the Coimbatore District Small Industries Association (CODISSIA) grounds, the summit drew participation from across the globe, featuring 21 international country pavilions, 115 investors, and 453 startups. Over 72,000 attendees visited the event, making it one of the largest startup-focused gatherings ever held in the region.

The summit witnessed the signing of 23 Memorandums of Understanding (MoUs) and investment commitments worth ₹127 crore from various domestic and international companies. The government noted that several more MoUs are likely to follow in the coming months, signaling sustained investor interest in Tamil Nadu’s innovation ecosystem.

Among the notable partnerships forged were agreements with Link Innovations (France), RXN Hub (Canada), and Asia Berlin (Germany), showcasing the global confidence in the state’s startup potential. Several major corporate firms also formalised collaborations with the state government during the event.

Chief Minister M. K. Stalin, who inaugurated the summit on October 9, unveiled the Fund-of-Funds initiative, allocating ₹100 crore to invest in venture capital funds that will, in turn, back startups based in Tamil Nadu. He also released the “Tamil Nadu Startup Ecosystem Strategic Roadmap Report 2035”, outlining a long-term plan to nurture entrepreneurship, innovation, and technology-driven growth.

The Global Startup Summit not only amplified Tamil Nadu’s visibility on the global innovation map but also demonstrated the state’s proactive role in empowering entrepreneurs, fostering industrial collaboration, and accelerating inclusive economic development.