Hyderabad: T-Hub, a Hyderabad-based business incubator, has announced its growth plans under its new Chief Executive Officer, Srinivas Rao Mahankali (MSR), ahead of the launch of T-Hub’s new campus sized 5,82,689 square feet.
MSR recently joined T-Hub from GAME – The Global Alliance for Mass Entrepreneurship, where he was the Chief Executive Officer, the company said in a press note, adding that he brings in 33 years of experience in the Information Technology industry.
On October 18, T-Hub announced a number of plans including that of globalizing the innovation hub under the new CEO.
“Earlier as an outsider, I had been praising the concept of T-Hub – as the value it offers to not just for startups, but other important stakeholders like corporates, government, investors, partners across countries and cities in India. Of course! I am excited and thankful to have the opportunity to be the next CEO of T-Hub. The focus for us at T-Hub is to build on our current strengths and continually improve, further elevating T-Hub’s capability as an innovation ecosystem enabler. We have some interesting projects, partnerships and program launches in the pipeline in coming months and the aim is to hit on ground with it as planned.” said MSR.
T-Hub an innovation hub and ecosystem enabler, has introduced a unique initiative, ‘Funding Desk’ to support startups with their funding needs at various stages of their journey. It will also have nodal officers working with the central government to help startups receive grants, and curated efforts will be made to expose startups to venture capitalists across India and worldwide.
T-Hub’s ‘T-Fund’ initiative is led by the Telangana government under its State Innovation Policy, introduced in 2021. It is being given to the Telangana startups from various sectors like Information Technology, Cleantech, AgriTech, FinTech, Health-tech, Logistics, Artificial Intelligence, etc. It is a co-investment fund that invests alongside VC’s and angel networks to further support Telangana startups. Any startup that is in the process of finalising a term sheet or has a signed sheet can apply for T-Fund.