T-Hub Celebrates One Year of World's Largest Innovation Hub at T-Innovation Summit

Innovation Summit Showcases T-Hub's Remarkable Achievements in Nurturing Startups and Enabling Entrepreneurship

SMEStreet Edit Desk
Jul 07, 2023 07:09 IST
New Update
Kalvakuntla Taraka

T-Hub, which leads India’s pioneering innovation ecosystem today commemorated its first anniversary as the world's largest innovation hub. The milestone was celebrated with great enthusiasm, culminating in the successful completion of the second edition of the T-Innovation Summit - Gladiators of the Mind. The event showcased the remarkable achievements of T-Hub and its significant contribution to enabling entrepreneurship in Telangana.

The T-Innovation Summit served as a flagship platform that celebrated the inaugural of T-Hub 2.0, reinforcing Hyderabad's position as the global destination for startups. It brought together renowned dignitaries such as K.T. Rama Rao, Minister for IT, Industries & Commerce and Municipal Administration & Urban Development, Government of Telangana, Jayesh Ranjan, IAS, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT) of the Government of Telangana, Mahankali Srinivas Rao (MSR), CEO, T-Hub. The exceptional evening, named "Gladiators of the Mind," witnessed three extraordinary names in science such as- Louise Leakey, an eminent paleoanthropologist, Anil Seth, a prominent neuroscientist, and Sir Marcus du Sautoy, an esteemed mathematician, Mahmood Farooqui, well-known Indian writer creating an electrifying atmosphere of ideas and innovation.

K.T. Rama Rao, Minister for IT, Industries & Commerce and Municipal Administration & Urban Development, Government of Telangana, said, “T-Hub's remarkable achievements in nurturing startups and enabling innovation are a testament to Telangana's commitment to becoming a global innovation hub. I applaud T-Hub for its efforts in shaping the startup ecosystem and positioning Telangana as a preferred destination for entrepreneurs.”

“T-Hub has played a pivotal role in putting Telangana at the forefront of entrepreneurship. Through its remarkable achievements in enabling entrepreneurship have solidified Hyderabad's position as a global destination for startups. We are proud to celebrate one year of the world's largest innovation hub, and we look forward to fostering even greater innovation in the years to come" added Jayesh Ranjan, IAS, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT), Govt. of Telangana.

Mahankali Srinivas Rao (MSR), CEO, T-Hub, said, “The T-Innovation Summit marks a significant milestone in our journey as the world's largest innovation hub. We are proud to have created a vibrant platform that brings together global networks and communities to support entrepreneurship and innovation. Our commitment to nurturing startups and empowering entrepreneurs remains unwavering, and we are excited to continue driving innovation in the country.”

In addition to the T-Innovation Summit, T-Hub's ongoing initiative, Innovate Telangana is aimed at discovering and accelerating the most promising startups from the state. This initiative will provide startups with incubation support, access to value partners, angels/VCs, mentors, and grant support, fostering a culture of innovation and entrepreneurship. The event will span across 33 districts and 120 days, encompassing five pitching clusters: Sircilla, Nirmal, Warangal, Medchal, and Jogulamba Gadwal. The top 10 startups will be invited to T-Hub for a grand ceremony and incubation under various T-Hub programs.

T-Hub has made a remarkable impact on the startup ecosystem in Telangana, positioning the state at the forefront of innovation and entrepreneurship in India. Through its various programs and initiatives, T-Hub has provided comprehensive support to startups, enabling them to thrive and succeed in a highly competitive landscape. Its efforts have resulted in significant milestones, with T-Hub-affiliated startups raising close to USD 1.9 billion in funding and creating over 12,000 jobs. The strong market connections established by these startups, exceeding 3,000, further highlight T-Hub's effectiveness in facilitating growth and market access. With Telangana leading the way, India is carving its place on the global stage as a powerhouse of innovation and entrepreneurship.

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