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Karnataka Boosts Tech Hubs with ₹1.93 Crore Grant
19 Jan
Summary
- Mangaluru receives ₹1.93 crore grant from Beyond Bengaluru mission.
- Grant aims to create employment and foster innovation outside Bengaluru.
- Vertex aims to expand its Mangaluru workspace to 6,000 seats.
The Karnataka government has allocated a ₹1.93 crore grant to Vertex Managed Workspace in Mangaluru, marking a significant step for the Beyond Bengaluru mission. This funding, facilitated by the Karnataka Digital Economy Mission (KDEM), aims to stimulate growth in technology hubs outside the state capital.
Karnataka Minister for Electronics, IT and BT, Priyank Kharge, emphasized that this grant will create new employment and innovation engines in emerging cities. Vertex's commitment to Mangaluru is seen as a model for the impact-driven growth the state seeks to achieve.
Vertex Managed Workspace currently supports over 2,250 professionals and plans a rapid expansion to 6,000 seats. This growth is expected to solidify Mangaluru's status as a prime location for startups, global capability centers, and enterprises.
