T-Hub, which has been pioneering innovation ecosystem, has completed five years today helping generate over 15,000 jobs and raising over ₹1,500 crore for various start-ups it incubated.
Since 2015, it has helped contribute immensely to the Indian innovation ecosystem by institutionalising innovation programmes for start-ups, corporations, and more, and building a global innovation hub. T-Hub has designed and delivered over 75 innovation programmes enabling start-ups to go-to-market.
Jayesh Ranjan, Principal Secretary, IT & Industries, Telangana, said, “A sizeable percentage of this generation is becoming entrepreneurs, and organisations like T-Hub are sowing the seeds early. They are proving to the ecosystem the real potential of starting a business and providing guidance to make it a success. T-Hub has created a vibrant innovation ecosystem in Telangana which transcends globally.”
Ravi Narayan, CEO of T-Hub and Chief Innovation Officer, Telangana, said, “Due to this robust innovation ecosystem that T-Hub and other enablers in Telangana have built, we have seen a rise in the total number of start-ups which grew from 400-2,000 in the span of the last few years in the State.”
The start-up innovation team through its flagship programmr, Lab32, has helped start-ups such as Chitmonks, Drink Prime and Pulse raise funding. T-Hub’s corporate innovation programme has impacted Indian corporates and MNCs such as Raytheon Technologies, Boeing, and Oppo. T-Hub’s corporate memberships and partnerships have enabled more than 350 start-ups to collaborate, present Proof-of-Concept work, raise money or get acquired by larger corporates, out of which 100 start-ups from Hyderabad engaged in such programmes.