Support mission to aid startups

Speaking to Deccan Chronicle, Technolodge Chief Executive Officer Renjini Brite said the support mission would help the companies reduce the financial burden over marketing their products and also help startups outside Technolodge to get works.

"Though many startup companies started off in the state, very few companies actually survived more than one year. Also, only five per cent of the startup companies were successful in their business. Most of the outsourcing works are going to bigger companies and the startups lack marketing system and staff for competing with them," she said.

"Through the support mission, we are helping the startups with guidance for marketing on digital and social media platforms and also to help them in promotional activities. We connect companies who can mutually be benefitted and our professional team will look after the agreements between these companies and financial transactions too," she added.

Technolodge is hoping that boosting mutual co-operation between companies can bring more business opportunities and also help reduce financial burden on startups.

"It would be a big boon for startup companies like us to emerge on top. The business under the banner of Support Mission brings credibility for the startup which in turn helps us get business opportunities," said Hareesh N, the CEO of Immneos Technologies, one of the 38 startups functioning at Technolodge. The webpage of the facility will be launched on Saturday by Minister Anoop Jacob.