- $64 million has been raised in funding so far through T-Hub’s corporate innovation division
- CEO Ravi Narayan says the future for innovation will likely be a combination of start-ups and research coming from universities
Three years after its inception, Hyderabad-based start-up incubator T-Hub has managed to scale up its operations and outreach, connecting start-ups and corporate entities to encourage more innovation.
With 16 corporate partnerships having been formed through various programmes, $64 million has been raised in funding so far through T-Hub’s corporate innovation division (CID).
Having started as a co-working space in 2015 November, the incubator has come a long way, given that it has big names such as Facebook Inc, HSBC, YES Bank, etc working (or worked) with T-Hub (or startups in it).
“What’s happening for us is that a lot of corporations are becoming intrigued and interested in working with startups to leverage the kind of innovation that are coming from these small entities,” T-Hub chief executive officer Ravi Narayan told Mint.
Source: Livemint
