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Kerala’s first waterfront IT campus opens in Infopark campus at Kochi

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In Kerala (representative image), Pixabay

Kochi, Jan 22, 2017: Kerala’s first waterfront IT campus opened at the Infopark campus at Kochi on Sunday.

Chief Minister Pinarayi Vijayan officially launched ‘Jyothirmaya’, a 5.5 lakh sq.ft. building on the 160-acre park campus.

Set in idyllic settings, the building overlooks the Kadamrayar River. Those coming to work here can arrive on boats now.

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“We have a boat jetty. At the moment, the boat service is only for 1.5 kms from our campus. We expect the remaining portion to be completed soon,” IT Parks Kerala CEO, Hrishikesh Nair told IANS.

In the new building, with an area of 400,000 sq.ft., IT building is expected to provide jobs to over 4,000 IT professionals.

The building has parking facility and space for other commercial activities such as banks, ATMs and food courts.

Some 15 companies have already taken up space in the new building.

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“Foreseeing the scope of development around Kadamprayar River, I feel it is necessary to include Kadamprayar River in the government’s HarithaKeralam’ scheme. The natural beauty and the environment around this river needs to be maintained effectively in the wake of development,” said Vijayan in his inaugural address.

The second phase of Infopark is expected to be completed by 2022.

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“The campus with water frontage to Kadamprayar river will have a total built-up area of eight million sq.ft when it is fully operational with direct employment opportunities to 80, 000 IT professionals,” said M Sivasankar, IT Secretary in the state government. (IANS)

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Twitter Co-Founder to Invest in Kochi-Based Start-up

Twitter co-founder and Angel investor Biz Stone on Friday said he would be investing in Sieve

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Business, Twitter, Invest, Investment, Start-up, Kochi
A man reads tweets on his phone in front of a displayed Twitter logo. VOA

Twitter co-founder and Angel investor Biz Stone on Friday said he would be investing in a Kochi-based start-up, Sieve.

Stone said this through a video conference while addressing Huddle Kerala 2019, a start-up meeting held here.

Founded by Sanjay Nediyara, a hearing-impaired entrepreneur, Sieve is a complete platform for freelancers and agencies that provide the infrastructure from websites to digital signatures and all way up to invoicing and payment management.

The company currently serves in the US market and will soon be expanding to Europe.

Stone said he has used the product of Sieve as a freelancer.

Business, Twitter, Invest, Investment, Start-up, Kochi
Stone said this through a video conference while addressing Huddle Kerala 2019, a start-up meeting held here. Pixabay

“As an Angel, I consider the person first and the product second. I find Sanjay a dedicated, empathetic and extremely hardworking individual,” said Stone in his video address.

ALSO READ: Tax Policy Changes to Allow for Freeing Up Cash-Flows that Companies can Utilise

He, however, did not divulge his quantum of investment. (IANS)