T-Hub picks 45 startups for second cohort of its incubation program Lab32

Startup accelerator and innovation ecosystem T-Hub has announced the selection of 45 startups for the second edition of its incubation programme, Lab32. T-Hub’s flagship incubation program, T-Hub is a comprehensive incubation programme, which is tailor-made for early-stage tech product startups. The new batch of startups will receive a progressive set of advantages that will help entrepreneurs grow faster.

The startups have been shortlisted after screening more than 500 applications from across India. These startups offer an outstanding set of technology innovations for developing solutions for “Digital India” in industries such as healthtech, fintech, smart mobility, sustainability, social impact, smart cities and ed-tech, amongst others. Some of the key selection criteria were shared in advance with the participants such as startups should have initial market traction, an exceptional founding team, and initial amounts of funding.

“The second batch maintains a high quality as there are great minds behind each team who have the potential to create a digital economy in India based on innovation. We witnessed several startups from the first batch who scaled up exponentially through our programme. We are excited to explore values of this tailor-made incubation programme to accelerate growth of startup community in India,” Ravi Narayan, the CEO of T-Hub said in a statement.

Startups chosen for the programme will receive a host of benefits to ensure their strategic growth. They will have access to the workshops and seminars from senior corporate executives/CXOs and serial entrepreneurs, besides networking and peer-mentoring opportunities within the batch. The entrepreneurs will get curated playbooks and mentoring by industry experts, one-on-one interactions with T-Hub’s dedicated pool of mentors, investors and partners, and a fully functional world-class office infrastructure.

Some of the startups from the current batch are, Param.ai, StaTwig, Cantilever Labs and Augmented Byte.

Avanish Mundhra founder of Cantilever Labs said, “On the product front, our expectation from Lab32 program is to fine-tune our product for stability, affordability and scalability. On the business front, we expect Lab32 to connect us to a host of colleges, corporates and government bodies. Lab32 is an excellent platform for passionate and motivated first-generation entrepreneurs, guided by a team of champion mentors from whom I expect to learn, un-learn, evolve, network and grow our business.”

This year, T-Hub has onboarded more partners who will act as support pillars for strategic growth of startups. These partners bring in leading technologies for the quick functioning of various arms of any business, like HR, finance, legal and sales and marketing. They will support startups with world-class tools that will enable them to cut operational costs, become more productive and gain efficiency. For instance, Freshworks, a global innovator in customer engagement software is one of our new premium partners that will provide their solutions for startups to use and host mentor programs.

All the Lab32 second batch startups will also be able to access the services of T-Hub’s existing premium partners like Amazon Web Services, DigitalOcean, Google Cloud, HubSpot, IBM, Microsoft, Zoho, amongst others.

The second batch of Lab32 commences in May and applications for the next cohort are tentatively planned for the second half of this year.