T-Hub opens world’s largest innovation campus

157
2
T-Hub opens world’s largest innovation campus

Technology Hub T-Hub, a Hyderabad-based business incubator, announced the opening of the world's largest innovation campus for start-ups in Hyderabad.

It is built in a T-shape, spanning 10 floors and spread over an area of 5,82, 689 sq. The organisation aims to support more than 20,000 start-ups across the country, making it the world's largest innovation campus. The newly constructed building will be used to house start-ups, corporates, investors, academia, and national and international ecosystem enablers, among others, in order to assist Indian entrepreneurs in scaling up their businesses.

The campus building will house offices of several governmental and international agencies, such as the JICA, the Confederation of Indian Industry CII the Atal Innovation Mission AIM of NITI Ayog, the Department of Science and Technology s Centre of Excellence and the Japan International Cooperation Agency.

The inauguration of the innovation campus was attended by Chief Minister of Telangana, K. Chandrashekar Rao, along with Jayesh Ranjan, Principal Secretary of the Industries Commerce and Information Technology, Vani Kola, Managing Director at Kalaari and Varun Thamba, Director Data and Analytics CoE for the Indian subcontinent at SAP, among others.

KCR expressed his delight at the opening of the Innovation Campus. From its inception to its expansion, the CM praised T-Hub's eight-year journey towards creating a robust start-up ecosystem in India.

In the past six years, T-Hub has evolved from a startup incubator to an innovation hub in India and beyond. The Chief Minister said it has emerged as a strong organisation that is focused on outcome-driven initiatives, and it is well-positioned to back the global aspirations and ambitions of our entrepreneurs.

He said that they have created a world-class entity through T-Hub to promote entrepreneurship and innovation in the country. He thanked the state's IT Minister, KT Rama Rao and other officials who worked on the initiative, and expressed his wish for Telangana to be known as the start-up state of India.

T-Hub has assisted over 300 Indian companies and 200 businesses from other countries in scaling up internationally through 10 market access initiatives and 18 overseas interventions, in collaboration with global ecosystem participants in 42 countries. With over $1.19 billion invested in businesses such as Zenoti, MyGate, WhistleDrive, Outplay, DrinkPrime and AdOnMo, it has also helped entrepreneurs raise large amounts of money through a number of programmes.