PSU NEWS
Cochin Shipyard awards seed funding to 2 startups
New Delhi: Cochin Shipyard Ltd, one of the largest shipbuilding and maintenance facilities in India awarded seed funding to 2 startups through IIMK live-backed USHUS scheme.
NyQuest Innovation Labs Pvt Ltd receives Rs. 50 Lakhs, while Pelican Thermogenics Pvt Ltd gets Rs. 30 Lakhs.
CSL is part of a line of maritime-related facilities in the port-city of Kochi, in the state of Kerala, India. The services provided by the shipyard are building platform supply vessels and double-hulled oil tankers.
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