Coimbatore-based startup incubator Aalamaram, powered by GoZen.io, held its first demo day on Saturday to celebrate the 23 startups it has successfully nurtured, and to showcase the offerings of the startups.

The event saw the participation of Sridhar Vembu, co-founder of Zoho Corp; Ambi Moorthy, CEO, GoZen.io, various startup founders and investors.

Ambi Moorthy said that Aalamaram was founded in 2022 with the goal to support startups by offering them valuable mentorship besides a good workspace. He said they give opportunities to first-generation entrepreneurs who come from rural parts of Tamil Nadu. Most of the startups that come here are bootstrapped, and they receive guidance from experts belonging to their own fields. So far 23 startups have been nurtured by Aalamaram, and these startups have created more than 200 jobs. Out of the 23 startups, five are founded by women.

Talking about demo day, he said the event served as a platform for the startups to showcase their creations and seek assistance from the invited guests, that include investors. Six startups exhibited their products at the demo day.

Mr. Vembu said that he was really impressed by the startups and the high quality of thinking they possess. These startups should be nurtured in a big way so that billion-dollar enterprises could stem from them. He said similar startup incubators should be set up in all districts of Tamil Nadu.