MeitY in Partnership with Grants more than INR 9.7 Million to 13 IoT and Hardware Startups
Summary
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. In addition to the grant funding, the startups received access to unparalleled mentorship through bootcamps 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.T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Incorporated in 2015, it has provided over 1800+ national and international startups with access to better technology, talent, mentors, customers, corporates, investors, and government agencies.