Swathanthra Malayalam Computing (SMC) Announcing alpha release of new handwriting style free licensed font for Malayalam . The font is named as "Chilanka"(ചിലങ്ക).

Technical Details
http://blog.smc.org.in/new-handwriting-style-font-for-malayalam-chilanka/

Malayalam Announcement
http://blog.smc.org.in/chilanka-font/

You can test it at http://smc.org.in/downloads/fonts/chilanka/tests/

• Design: Santhosh Thottingal
• Technology: Santhosh Thottingal and Kavya Manohar
• Total number of glyphs: 676. Includes basic latin glyphs.

~ regards