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#News(Startup) [ via IoTForIndiaGroup ]
Three years since its inception, T-Hub’s focus now is to find and attract the best startups from across the country and help them scale.
Launched in November 2015, the idea of T-hub was to help technology-related startups in India by giving them a working space and access to mentorship, networking opportunities, and workshops.
Two years into operations, T-Hub took its first major pivot: From being an idea-stage startup incubator to focusing of startups in the early and growth stage. Even then, what T-Hub mainly did was provide startups, now at the growth stage, with space to work out of, several programs, interventions, networking opportunities and even access to accelerator programs.
But there was no structured way in which it offered these services. For most part, being associated with and being in the building was the major value add for startups. But by May 2018, that changed with the launch of Lab 32.
T-Hub went from being a co-working space running some programs and interventions to a full-fledged cohort-based incubation program, much like a college university course. It now was focusing on one thing – its incubation program. It did run combined accelerator programs, but Lab 32 was T-Hub’s major focus.
And that is already showing results. MyGate, secuirty management system startup, moved to Hyderabad to be a part of Lab32. Most recently, it also raised $8.8 million as part of its Series A funding round.
But it is not just Lab32. Srinivas claims that T-Hub also has the country’s best corporate innovation program as well. As part of this program, T-Hub helps startups connect with large programs t work on building solutions for them, or sign them up as clients. Global companies such as Boeing, UTC, HSBC, Qualcomm, have worked with startups from T-Hub as part of various programs. Similarly, T-Hub also has an international market access programs where startups from other countries, get an opportunity to enter the Indian market through T-Hub and vice versa.
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