In a bid to provide startups with avenues for networking to enable productive synergies between industry players and startups, Hyderabad-based startup engine T-Hub has launched the ‘Arcade Series’. This series will focus on one vertical each month, beginning March 2019 with fintech as the first vertical in focus in partnership with UST Global.
The first event of the Arcade Series called Fintech Arcade was focused on scouting innovative solutions for the financial and banking industry where hundreds of startups participated. The target areas for FinTech Arcade were smart payments, wealth tech, robotic process automation (RPA), cybersecurity, lending, financial inclusion and next-gen analytics. T-Hub shortlisted 12 startups, with impressive product solutions, to pitch in front of more than 30 corporate giants such as UST Global, HDFC, HSBC, Citibank, PayPal and Kotak Bank and regulatory body representatives, such as NPCI, NABARD and consulting firms such as PwC, Deloitte and Capgemini.
T-Hub will be launching more platforms like the FinTech Arcade, under the Arcade Series focused on other verticals and technologies such as healthtech, AgriTech/sustainability, smart cities, blockchain, Augmented Reality/Virtual Reality (AR/VR), Artificial Intelligence, Internet of Things (IoT) in the upcoming months.
“We wanted a solid, yet regular series of a platform for corporates that enables them to constantly track and absorb innovations helping them stay ahead of the curve. Indian startups are ready to make the most use of such opportunities now and expand their business revenues by evaluating collaboration opportunities with global corporates. It’s a matter of bringing them together in the right manner at the right time, and we are glad that T-Hub’s Arcade Series is capable of getting that done,” Ravi Narayan, CEO of T-Hub said.
The Fintech Arcade enabled the participating industry players to explore innovative products and assess their chances to invest in or partner with future-ready solutions that could potentially transform their business. The selected startups will get to co-create solutions and explore strategic partnerships with the industry players. UST Global, a leading digital transformation solutions company, has shortlisted five startups for further evaluation. UST Global works with Fortune 500 companies in banking and financial services, insurance, healthcare, retail, manufacturing, shipping, technology and telecom. Pencilton, PayBee, Taxilla, Finoremic and Monech were the startups shortlisted by UST for further evaluation.