Categories: Economy

T-Hub partners IT ministry to mentor hardware startups in India

Hyderabad-based global start-up catalyst T-Hub Friday announced a partnership with the Ministry of Electronics and Information Technology (MeitY) to lead Digital India's Scale Up programme for hardware and Internet of Things (IoT) startups across India.

As many as 10-15 startups with leading-edge solutions in mobility, energy, agriculture, aerospace, manufacturing, consumer, healthtech, medtech, smart cities and logistics and supply chain sectors will be shortlisted as part of the programme, T-Hub said in a statement.

The call for application for the programme will commence in July. Startups will be shortlisted from hundreds of applications after an extensive screening process, the company added.

"India has already developed a reputation for its expertise in the software technology space. We are beginning to see startups emerging in the hardware space that are solving important problems," said Ravi Narayan, CEO of T-Hub and Telangana chief innovation officer.

"T-Hub brings its matured acceleration programme with access to customers, investors and specialized mentors," he added.

The batch of startups will go through regular interventions through boot camps and dedicated mentoring organized by T-Hub.

During the programme, startups will get exposure to design/enhance their hardware.

In addition, they will receive mentorship in areas such as pricing, go-to-market strategies, fund raising, among others.

As part of the programme, the shortlisted startups will also receive equity-free grants, T-Hub said.

"It is important for us to engage the startup community and bring innovative thinking into product development that can accelerate the creation of new offerings in the hardware space," said Ajai Garg, CEO of MeitY Startup Hub..

IANS

Recent Posts

India-UK FTA will propel bilateral trade, strengthen supply chains: Jaishankar during meeting with UK Foreign Secretary

Noting that the recent conclusion of the India-UK FTA and the Double Contribution Convention is…

13 hours ago

“Strengthening early warning systems, coordination is crucial”, says PM Modi addressing ICDRI

Highlighting the significance of strengthening early warning systems to mitigate risks from disasters, Prime Minister…

14 hours ago

Centre raises financial threshold for procurement of scientific equipment, consumables

The Central government has raised financial limits under the General Financial Rules (GFRs) for procurement…

15 hours ago

Would be my pleasure to welcome PM Modi for G7: Former Canada MP Chandra Arya calls India “indispensable partner”

Former Member of Parliament of Canada, Chandra Arya, has said it would be his pleasure…

17 hours ago

UK Foreign Secretary Lammy to meet PM Modi; to discuss bilateral economic and migration partnership

UK Foreign Secretary David Lammy will meet with Prime Minister Narendra Modi on his second…

17 hours ago

“We can control any situation”: Gujarat Health Minister calls Omicron ‘not serious’, says all arrangements in place

Gujarat Health Minister Rushikesh Patel on Saturday noted that the state is fully prepared for…

18 hours ago