Global startup summit sees ₹127 crore investment commitments, expands global reach

CHENNAI:
Investment commitments worth ₹127.09 crore were announced at Tamil Nadu Global Startup Summit 2025, signalling strong investor confidence in the State’s fast-growing innovation ecosystem and its expanding global links, according to a MSME department spokesperson.

A total of 15 investors engaged with 453 startups in over 1,200 structured pitching rounds and more deals expected to materialise in the coming months, the spokesperson stated.

Twenty-three memorandums of understanding were signed with international and corporate partners, including Link Innovations (France), AsiaBerlin Forum (Germany), RxN Hub (Canada), River Venture Studio (Singapore) and Lowe’s India. These agreements are expected to open new pathways for market access, incubation and mentorship, a release stated.

The two-day summit drew more than 72,000 participants, making it one of India’s largest startup gatherings. Policymakers, founders, investors and students converged to explore opportunities in emerging technologies, sustainability and international collaboration — underscoring Tamil Nadu’s ambition to position itself as a global innovation hub.

More than 600 speakers, including 328 international experts, shared insights on technology, policy and global trends, offering startups access to international best practices. Investor Connect sessions were among the most active segments: 115 investors engaged with 453 startups in over 1,200 structured pitches. More deals are expected to materialise in the months ahead.

The presence of 12 Central and 15 State government departments gave founders direct access to support schemes, funding and policy frameworks. The summit also placed strong emphasis on inclusivity, with active participation from differently-abled, transgender and women founders, as well as startups from smaller towns and rural areas.

The outcomes of TNGSS 2025 will strengthen startup infrastructure, boost investor confidence and accelerate job creation, the release added.