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T-Hub Partners with Next Bharat Ventures to Drive Rural Innovation through Suzuki Initiative

Jul 17, 2024 by Mansi 0 Comments #Bharat Ventures, #Mahankali Srinivas Rao, #Suzuki, #T-Hub, #Vipul Nath Jindal

Hyderabad, 17th July -T-Hub, India’s leading innovation ecosystem, announced a strategic partnership with Next Bharat Ventures – A Suzuki Initiative. This collaboration marks a significant commitment by T-Hub to support Next Bharat Ventures, the debut fund of Suzuki Motor Corporation in India dedicated to nurturing and empowering impact entrepreneurs creating value for rural India.

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 T-Hub‘s expertise and extensive network will be instrumental in amplifying the reach and impact of Next Bharat Ventures’ initiatives. Through this partnership, T-Hub will leverage its expertise and network to amplify Next Bharat Ventures’ reach and impact. This will be achieved through three key initiatives: strengthening the Next Bharat Residency Program with joint events, workshops, and mentorship; equipping entrepreneurs with leadership skills specifically for the rural Indian market; and supporting startups from Tier II and III cities to create a more inclusive innovation ecosystem.

Next Bharat Ventures plans to launch a 4-month immersive Next Bharat Residency Program for early-stage entrepreneurs committed to impacting rural and informal sectors in India. Applications are open until July 31, 2024, with the program commencing on October 14, 2024. The inclusive application process, including WhatsApp submissions, ensures broad participation with a swift two-week review period. The program features extensive mentorship sessions by industry leaders and offers equity investments ranging from INR 1 Cr to INR 5 Cr for selected startups.

 Previously T-hub supported Suzuki Innovation Centre, one of the greenfield initiatives of Suzuki Japan – which is now included as one of the Next Bharat Ventures’ vehicles.

 Mahankali Srinivas Rao (MSR), CEO of T-Hub, stated, “Through our partnership with Next Bharat Ventures – A Suzuki Initiative, we aim to address broad challenges in India, beyond mobility, leveraging the synergistic combination of technology and design. This partnership will empower Indian entrepreneurs to scale globally, fostering homegrown technology startups with access to mentorship and guidance from T-Hub and Next Bharat Ventures.”

 The MoU was signed in the presence of Mr. Vipul Nath Jindal, Managing Director & CEO of Next Bharat Ventures, Mr. Ronit Kumar and Ms. Prathyusha Thammineni from Suzuki Motor Corporation, Mr. Sachin Ahuja from Next Bharat Ventures, along with Mr. Srinivas Rao Mahankali, CEO of T-Hub, Mr. Sujit Jagirdar and Mr. Avinash Kedari from T-Hub, and Mr. Sushovan Chatterjee, Innovation Consultant at T-Hub.

 Vipul Nath Jindal, CEO and Managing Director of Next Bharat Ventures, commented, “We embark on this journey to cultivate an impact entrepreneurship ecosystem that is deeply community-oriented. Our long-term ambition is to collaborate closely with stakeholders within the ecosystem, building compounded synergies. Our partnership with T-Hub will empower and nurture Impact Entrepreneurs with access to the T-Hub and Next Bharat ecosystems.”

T-Hub and Startup Genome Publish 2022 Global Startup Ecosystem Report
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T-Hub and Startup Genome Publish 2022 Global Startup Ecosystem Report

Jun 15, 2022 by Praveen 0 Comments #Ecosystem Report, #Genome, #T-Hub

The 2022 Global Startup Ecosystem Report (GSER) by Startup Genome was launched at London Tech Week this week. The GSER is the world’s most comprehensive, data-driven research on startups with 280+ entrepreneurial innovation ecosystems and 3 million startups analyzed. The report includes a ranking of the leading 140 ecosystems, continental insights, and founder-focused articles from thought-leading experts.

T-Hub, which leads India’s pioneering innovation ecosystem, worked closely with Startup Genome to showcase Telangana’s entrepreneurial ecosystem in the #GSER2022.

Telangana’s standing in the #GSER2022 –

One of the Top 10 Global Ecosystems and #4 Asian Ecosystem in Affordable Talent — measures the ability to hire tech talent
One of the Top 15 Global Ecosystems and Top 10 Asian Ecosystems in Bang for Buck — measures the amount of runway tech startups acquire, on average, from a VC round
One of the Top 15 Asian Ecosystems and Top 5 Asian Emerging Ecosystems in Funding — measures innovation through early-stage funding and investor activity
One of the Top 20 Asian Ecosystems in Knowledge — measure innovation through research and patent activity
One of the Top 25 Asian Ecosystems and Top 15 Asian Emerging Ecosystem in Talent & Experience — measures long-term trends over the most significant performance factors and the ability to generate and keep talent in the ecosystem
One of the Top 25 Asian Ecosystems and Top 15 Asian Emerging Ecosystems in Performance — measures the size and performance of an ecosystem based on the accumulated tech startup value created from exits and funding
Created $4.8 billion in Ecosystem Value from Jul 01, 2019, to Dec 31, 2021
Access to talent and policy incentives are cited as reasons a startup should move to Telangana
The AI, Big Data, & Analytics, Life Sciences, and Agtech sectors are highlighted for their density of talent, support resources, and startup activity

MSR, CEO of T-Hub said, “Telangana is at the forefront of building a world-class innovation ecosystem through a mix of passionate entrepreneurs, high-quality talent availability, supportive government policy, and access to capital. The startup community has experienced phenomenal growth across a range of sectors especially Life Sciences, AI, Big Data, Analytics and Agritech. We are poised to further strengthen the overall innovation ecosystem to support this growth sustainably and equitably for all the stakeholders with the prime focus on entrepreneurs.”

“Startup Genome is thrilled to see such incredible growth in the Telangana startup community coming out of the COVID-19 pandemic,” shares Marc Penzel, Founder & President of Startup Genome. “For 10 years now, we have built an incredible network of the world’s leading innovation policy executives and community leaders and we couldn’t have done it without the dedication of ​​T-Hub.”

The GSER is created in partnership with the Global Entrepreneurship Network, Dealroom and Crunchbase. The 2022 Edition provides insights and guidance to public and private leaders on how to foster thriving startup communities — the #1 engine of job creation and economic growth. Discover how 140 entrepreneurial ecosystems across the world stack up and view the full report here: https://startupgenome.com/report/gser2022.

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MeitY in Partnership with T-Hub Grants more than INR 9.7 Million to 13 IoT and Hardware Startups

Jan 27, 2022 by Gouri 0 Comments #Madhusudhan Rapole, #MeitY, #MSR, #PanneerSelvam Madangopal, #Rajeev YSR, #Ravikiran Prabhakara, #Srikar Y.V., #T-Hub

India, January 27, 2022: T-Hub, India’s pioneering innovation ecosystem, in partnership with MeitY (Ministry of Electronics and Information Technology) today announced grant disbursement to Indian startups in the hardware and IoT sector. 13 startups were selected from across the country for Digital India’s Scale Up program to receive a grant of INR 7.5 lakh each from MeitY. The grants will support the startups in accelerating the development of their innovative solutions.

This is the partial grant that has been disbursed to the startups who have demonstrated proof of concept, built an existing customer base, and exhibited the potential for scale across the country. The selected startups are Bariflo Labs Pvt Ltd., Startoon Labs Pvt. Ltd, Ayasta Technologies Pvt Ltd., BluArmor, Detect Technologies, Greenies, MLIT Solutions, Mobilytics, Nemocare Wellness, Rizel Automotive Pvt Ltd, SatSure Analytics India Pvt Ltd, Swaayatt Robots Private Limited and RoadMetrics Pvt Ltd. Rest of the grant will be disbursed post the completion of the program.

MSR, CEO, T-Hub, said “T-Hub’s collaboration with MeitY is targeted to support startups who are ready for the growth phase and make the best use of the grants provided. T-Hub enabled these 13 startups and mentored them to be ready for this growth leap, and it all started with an idea to further support Indian innovators on the Internet of Things (IoT) and hardware. Further, the selected startups now can leverage the provided leading corporates and specialized mentors and continue the acceleration journey for respective businesses. This program has enabled us to help startups push past the roadblocks they face to scale their innovations and excel in the modern business environment.”

Digital India’s Scale Up program received 230 applications from early and growth-stage startups across the country, who shared their proposals last year. In addition to the grant funding, the startups received access to unparalleled mentorship through boot camps on business model development, Go-to-Market strategy, pitching process, and fundraising tips. T-Hub, for this six-month acceleration program, onboarded a pool of experts namely Ravikiran Prabhakara, Entrepreneur, Investor, and Partner at Shirak, Srikar Y.V., Director Government Relations at redBus, Rajeev YSR, Mentor with TSIC, PanneerSelvam Madangopal, VP Corporate Innovation, T-Hub, Madhusudhan Rapole, Managing Director of Oorja Energy, and many others.

The mentorship and guidance from T-Hub and MeitY through this acceleration program helped the selected startups in acquiring more customers, receiving incentive opportunities from the State government, fundraising from investors, global expansions, and successful launch of new products.