Four startups, incubated at T-Hub have won awards in competitions held to recognize emerging startups. Hug Innovations, Loop Reality, AuthBase and Kheyti are startups that won awards in separate competitions held across Globe.
Maker of the gesture-controlled smartwatch, Hug innovations was awarded the best startup in India in the Global Mobile Challenge where 1500 startups from across the world participated. It also made it to the top 3 in the APAC region. It also won the India Region Round of the 1st China (Shenzhen) Innovation & Entrepreneurship International Competition held at Bengaluru.
The second runner up was also from the T-Hub family – Loop reality. Both companies have qualified for the global finals to be held in Shenzhen next month.
Loop Reality is working on using virtual reality, IoT and analytics to change the future of indoor fitness training. In fact, the company has not even started operations officially and expects to launch its product by end of May this year.
Cyber security company AuthuBase, which works out of T-Hub won the ‘Hot 100: Race to Grace 2017’ Award, which champions innovation and enterprise. Authbase provides frameworks for developers to secure their applications and use Deep Learning to detect and mitigate hack and bot attacks real-time.
Finally, agritech company Kheyti gained international recognition by winning the “Acumen Global Award 2017” in Kenya
Kheyti designs, adapts and implements low-cost farming solutions that help small farmers increase yield and predictability of produce. It has also developed ‘Greenhouse-in-a-box’ – an affordable, modular greenhouse bundled with full stack services that uses 90% less water, grows 7 times more food and gives farmers a steady dependable income.
Speaking on the success of the startups, Jay Krishnan, CEO, T-Hub said, “We constantly explore entrepreneurs who have a high quotient of innovation, curate them with connects to corporates and help them achieve scale through revenue streams as opposed to models that are traditionally funding- based.”
This article has been produced with inputs from T Hub as a part of a partner program.