Taking into consideration 30-early-stage tech start-ups, T-Hub has launched the fifth edition of Lab32 pre-acceleration program. The program is expected to be conducted until June 2021 in a combination of virtual as well as a physical model. The agenda is to provide mentorship to start-ups from customer acquisition to revenue growth, including market expansion and roadmap for the products the start-ups have to offer. They aim to make the start-ups investment-ready.
The batch of 30 was chosen from among 300 applicants across the start-up domain, from health-tech, media, robotic, e-commerce, social-commerce, and food-tech, etc. T-Hub is yet to release the final list of the chosen companies, which will be done after they conduct an in-depth assessment. The incubator will then launch training sessions and advisory workshops based on the enterprise’s needs. They will also get an opportunity to expand their network through T-Hub’s Community Membership. On the “Demo-Day” the start-ups will present their ideas to corporates and investors. From the 3rd and 4th batch of Lab-32, the graduating start-ups raised INR 100 crore in 2020.
T-Hub identifies as an ecosystem that is empowering, enabling, and hungry for innovation. They have had a positive impact on over 1100 start-ups, with 1500 plus jobs generated by these start-ups. They have over 75 exclusive programs and have organized over 850 events so far.