Leading technology company, Tally Solutions has signed a memorandum of understanding (MoU), announcing a strategic partnership with the Kerala Start-up Mission (KSUM), an initiative by the Government of Kerala, aimed at empowering emerging businesses.
The partnership will focus on accelerating technology adoption among start-ups, spearheading skilling and technology training, and fostering innovation and economic growth in the region's start-up ecosystem.
Under this collaboration, KSUM and Tally Solutions will drive training and awareness around digital integration in accounting and compliance, while providing business management solutions (BMS) tailored for emerging start-ups. The MoU also includes knowledge transfer sessions on key topics such as marketing trends, customer retention and acquisition, competition analysis, and growth strategy development.
Commenting on the partnership, Jayati Singh, Chief Marketing Officer of Tally Solutions, said, "We are excited to collaborate with Kerala Start-up Mission. This association aligns with Tally's vision to nurture the entrepreneurial ecosystem in India. Our partnership goes beyond technology adoption; it is about creating a thriving ecosystem where innovation flourishes. By focusing on skilling and technology training, we aim to equip start-ups with the essential tools needed for success in a digital-first world. Together, we will raise awareness about digital integration in business management and compliance, ensuring that these businesses not only survive but thrive in an increasingly competitive landscape."
Anoop Ambika, CEO of Kerala Start-up Mission, added, "This partnership with Tally Solutions marks a pivotal step for Kerala Start-up Mission. By focusing on skilling and technology training, we will equip start-ups with the essential knowledge and tools to excel in today's digital economy. Together, we are committed to creating a vibrant ecosystem that supports local entrepreneurs and drives sustainable economic growth across the region."
The strategic partnership between Tally Solutions and KSUM is expected to significantly enhance Kerala's start-up ecosystem, which comprises over 6,000 start-ups across key sectors like IT, healthcare, agriculture, and clean energy. With Kerala's start-ups recently raising approximately Rs 5,000 crore in investments, this initiative will further cultivate an entrepreneurial culture through workshops and networking events. Tally Solutions and KSUM are dedicated to fostering innovation and driving sustainable economic growth, positioning Kerala as a leading start-up hub in India.