Sunday, April 28, 2024
Outlook.com
Outlook India
Outlook Business

T-Hub Unveils T-Scale for Series-A Start-Ups, Establishes Six New Partnerships

The start-up incubator launched T-Bridge to facilitate global market access and introduced T-Scale program to guide 25 start-ups through a 12-month journey to Series-A readiness

T-Hub Unveils T-Scale for Series-A Start-Ups, Establishes Six New Partnerships

Outlook Start-Up Desk

POSTED ON November 16, 2023 9:29 PM

At its eighth Foundation Day, Hyderabad-based start-up incubator T-Hub announced partnerships with CARE, Carrier Global, SIDBI, FalconX, KPMG, and the Association of Geospatial Industries (AGI). These collaborations span diverse sectors, including social business acceleration, design thinking infusion, cross-border start-up support, investment ecosystem fueling, and innovation in geospatial and space-tech sectors. 

During the event, T-Hub unveiled two flagship initiatives—T-Bridge and T-Scale. T-Bridge, the international wing, aims to facilitate global market access for start-ups. T-Scale, in collaboration with Factoryal, has introduced a growth maturity model, guiding 25 qualifying start-ups through a 12-month journey to achieve Series-A readiness. 

Jayesh Ranjan, IAS principal secretary, principal secretary for Information Technology, Electronics and Communications (ITE&C) and Industries & Commerce Departments of the Government of Telangana, said, “As Telangana's start-up ecosystem continues to evolve, T-Hub stands as a pivotal force, contributing significantly to the narrative of innovation and growth. Celebrating the achievements of this vibrant landscape is a reflection of success and a testament to the collective efforts and vision that define Telangana's journey, with T-Hub playing a central role in shaping a robust and globally competitive start-up ecosystem”.

Mahankali Srinivas Rao (MSR), CEO of T-Hub, added, “Over these eight years, T-Hub has been a catalyst for groundbreaking ideas, forging global partnerships, and cultivating a flourishing ecosystem. As we stand at this juncture, we reaffirm our commitment to catalyze transformative change, weaving a narrative of collaboration, innovation, and an entrepreneurial spirit that defines Telangana's remarkable ascent in the start-up landscape.”

BVR Mohan Reddy, founding director of T-Hub, added, “Today marks a moment of pride and contemplation as we acknowledge the remarkable journey of innovation and collaboration. The success of T-Hub serves as a testament to the collaborative spirit of state government, academia and private sector that defines the Telangana start-up ecosystem.”

Other guests at the event include Vamsi Reddy, partner of Kaalari Capital, Raj P Narayanam, executive chairman and founder or Zaggle, Sujith Jagirdar, CIO of T-Hub and Anish Anthony, CDO at T-Hub.

The event featured an Innovation Showcase where T-Hub start-ups presented groundbreaking solutions. It also recognised excellence in eight categories, honoring mentors, start-ups, corporates, investors, government bodies, international bodies, and ecosystem enablers. 

Over the past eight years, T-Hub has contributed to a total investment of $3.5 billion in the start-ups it has nurtured, fueled innovation with over 600 corporate partnerships, facilitated 500 mentor connections and engaged over 3000 start-ups. 

  • Related Articles

    Launched in June 2023, SME-Centric Fund Sees NAV Soar from Rs 10 to Rs 14.92 per Unit

    Chanakya Opportunities Fund Generates ROI Of 45% In 4 months

    Inito intends to offer diagnostic tests for various health concerns through a smartphone-based platform in the long run

    Inito Raises $6 Million Series A Funding Led By Fireside Ventures