Kerala SaaS Roundup: Key Developments | Late June – July 2025

Kerala’s SaaS and tech ecosystem continues its rapid evolution — driven by global product expansion, infrastructure breakthroughs, and steady government support. Here’s a roundup of the most impactful developments over the last few weeks.

🚀 Major Expansions & Strategic Moves

Zoho Doubles Down on Kerala

On July 3, Zoho Corporation inaugurated a 250-seat R&D campus in Kottarakkara, focused on AI and robotics — a strong signal of its commitment to decentralizing innovation beyond metro cities.

In parallel, Zoho acquired Asimov Robotics, a Kerala-based deep-tech startup known for solutions like Sayabot V1 (hospitality) and KARMI-Bot (COVID care). The Asimov team will continue operations from the new facility.

Zoho also became the first industry partner for Kerala Startup Mission’s Deep Tech Product Studio, setting the stage for deeper enterprise–startup collaboration in the state.

Beagle Security Expands in Technopark

Kerala’s first cybersecurity SaaS player, Beagle Security, marked its fifth anniversary with a new office in Technopark Phase III. Their AI-powered penetration testing platform has flagged over 42,000 critical vulnerabilities in the past year alone, serving 1,800+ customers across 144 countries.

🏗️ Infrastructure & Ecosystem Support

Lulu Group’s IT Twin Towers: A Game-Changer for Kerala Tech

In one of the biggest infrastructure moments for Kerala’s IT ecosystem, Lulu Group inaugurated its IT Twin Towers at SmartCity, Kochi on June 28, 2025, led by Chief Minister Pinarayi Vijayan.

• ₹1,500 crore investment
• South India’s tallest IT towers (152m)
• 3.5 million sq. ft. built-up area | 2.5 million sq. ft. leasable
• Capacity for 30,000+ IT and ITeS professionals

Highlights include:

• World’s largest robotic parking system (4,500 vehicles)
• On-site helipad, 2,500-seater food court, 600-seat tech conference hall
• Four companies have already begun operations
• Lulu aims to create 50,000+ tech jobs over the next 3 years, adding to its current 13,800 workforce at Infopark
  
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This project firmly places Kochi on the map as a future-ready hub for global IT and SaaS companies.

Technopark’s Growth Continues

• 80,000+ tech professionals employed (up 27% since 2021)
• Software exports rose 56%, hitting ₹13,255 crore in FY 2024

New ₹381 crore IT tower coming up at Technopark Phase IV, under the QUAD project — featuring smart, sustainable infrastructure across 8.5 lakh sq. ft.
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Policy-Driven Momentum

• ₹350 crore Emerging Tech Hub announced in Thiruvananthapuram to boost AI in healthcare, agri-tech, defense, and renewables
• GPU cluster for AI startups + ₹10 crore to Kerala Startup Mission (KSUM)
• Budget allocation of ₹90.52 crore for KSUM, with ₹20 crore for Technology Innovation Zone (TIZ), Kochi
  
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🏆 Ecosystem Achievements & Recognitions

KSUM at 10 Years: Scaling Support

• Over 6,500 startups supported | ₹6,000+ crore in total funding enabled
• Kerala Innovation Festival 2025 scheduled for July 25–26 at KSUM Kochi, themed “Shaping a Sustainable Tomorrow 2035”
• Partnership with KERA project to fund 150 agri-tech startups, each eligible for grants up to ₹25 lakh — expected to impact 40,000+ farmers
  
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Mitsogo (Hexnode UEM): Made in India, Recognized Globally

• Earned Class 1 ‘Make in India’ certification in May 2025
• Featured in Gartner’s 2025 Market Guide for Endpoint Management Tools as a Representative Vendor
  
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🔭 Looking Ahead

• F9 Infotech expanded in April with a new 50-person office in Kochi focused on cybersecurity and digital transformation
• Kerala Innovation Festival will spotlight pillars like sustainability, creative economy, maker movement, and youth entrepreneurship

Final Word

Over the past few weeks, Kerala’s SaaS and deep-tech landscape has seen a surge of activity — from Zoho’s strategic commitments to Beagle’s expansion and Lulu Group’s landmark IT towers.

With talent density, cost advantages, strong infrastructure, and increasing community momentum, Kerala is fast positioning itself as a credible, future-ready SaaS destination — not just within India, but globally.

Keep an eye on this space. It’s just getting started.

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