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StartupTN CEO Sivarajah Ramanathan Resigns

The absence of a permanent replacement leaves oversight of state seed funds and regional startup programmes unclear.

Overview

  • Sivarajah Ramanathan resigned as Mission Director and CEO of StartupTN, with a relieving order issued on June 23, 2026, and the government accepting his departure.
  • The state has given Industries Commissioner L. Nirmalraj full additional charge of StartupTN until further orders, but no permanent successor has been named.
  • The leadership gap creates uncertainty over administration of state-backed instruments such as TANSEED, TANFUND and the SC/ST Startup Fund that support early-stage entrepreneurs.
  • Under Ramanathan’s tenure, StartupTN grew the number of DPIIT-recognised startups in Tamil Nadu from about 2,032 in 2021 to more than 14,700 by 2026 and expanded hubs into tier-2 and regional cities.
  • The exit follows the newly elected TVK government’s review of prior administrations’ initiatives and could slow programme decisions for startups unless a permanent appointment is made promptly.