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T-Hub announces its second batch of innovative startups for its Incubation Programme Lab32


HYDERABAD: T-Hub has announced the selection of 45 startups for the second edition of its incubation programme, Lab32. It is a comprehensive incubation programme, which is tailor-made for early-stage tech product startups. The new batch of startups will receive a progressive set of advantages that will help entrepreneurs grow faster.

The programme aims to support the government fs eStartup India Initiative f by directing entrepreneurship, innovation and addressing the challenges faced by startups.

The startups were be shortlisted after screening more than 500 applications from across India. These startups offer technology innovations for developing solutions for Digital India in industries such as healthtech, fintech, smart mobility, sustainability, social impact, smart cities and ed-tech, amongst others. Some of the key selection criteria were shared in advance with the participants such as startups should have initial market traction, an exceptional founding team, and initial amounts of funding.

In a statement, Ravi Narayan, the CEO of T-Hub said, “We witnessed several startups from the first batch who scaled up exponentially through our programme. We are excited to explore values of this tailor made incubation programme to accelerate growth of startup community in India.”

Sanjay Enishetty, MD and CEO of 50K Ventures, one of T-Hub’s mentor in a statement said, “Lab32 is a program with the unique mix of tech startups, which is the need of the hour for the growth stage startups. It fs an opportunity for investors to support these handpicked ones and contribute to their growth.”





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