Startups

T-Hub 2.0 to be ready by March 31, 2021

Read more at www.thehansindia.com

T-Hub India’s largest facility for innovation and entrepreneurship backed by the Telangana government will soon grow larger. The T-Hub 2.0 will be ready by the end of March, will be 3.5 lakh square feet and will be constructed at the cost of Rs 276 crore. Once it gets operational, the structure would house more than 1,500 startups, making it the world’s largest startup incubation centre.

In five years of existence, T-Hub has helped more than 1,120 startups raise approximately Rs 1.8 billion in investment and has employed more than 2,500 people in Hyderabad. T-Hub is a partnership between the Telangana Government and three academic institutes in Hyderabad: the International Institute of Information Technology (IIIT), the Indian School of Business (ISB) and the National Academy of Legal Studies and Research, and also the private sector.

T-Hub rents offices and meeting spaces and offers mentor and investor connections to startups in the tech industry.

Due to a vigorous innovation ecosystem that T-Hub and other enablers in Telangana have built. A few years ago, the startups’ count was 400, and now it is 2,000. It has designed and delivered more than 75 innovation programs in five years and helped more than 325 international startup connects.

T-Hub’s corporate memberships and partnerships have helped more than 350 startups collaborate, raise money, or be acquired by large corporations. Around 100 startups are from Hyderabad participating in such programs. Approximately 435 companies are working with T-Hub, and it is expected to reach 600 very soon. It worked with about 70 investors now, and that may increase to 300 in a year.

Read more at www.thehansindia.com

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