T-Hub with Next Bharat to drive rural innovation

Hyderabad: T-Hub, an innovation hub announced a strategic partnership with Next Bharat Ventures, a debut fund of Suzuki Motor Corporation in India, that is dedicated to nurture entrepreneurs creating value for rural India. Through this partnership, T-Hub will leverage its expertise and network to strengthen the Next Bharat Residency Programme with joint events, workshops, and mentorship; equip entrepreneurs with leadership skills specifically for the rural Indian market; and support startups from tier II and III cities to create a more inclusive innovation ecosystem. The Next Bharat Residency Programme is a four-month course for early-stage entrepreneurs working on solutions for rural and informal sectors in India. The applications are open until July 31, with the programme commencing on October 14 this year. The programme includes mentorship sessions by industry leaders and offers equity investments ranging from Rs 1 crore to Rs 5 crore for selected startups.

Mahankali Srinivas Rao, CEO, T-Hub, said, “Through our partnership with Next Bharat Ventures we aim to address broad challenges in India. This partnership will empower Indian entrepreneurs to scale globally, fostering homegrown technology startups with access to mentorship and guidance from T-Hub and Next Bharat Ventures.”

The MoU was signed in the presence of Vipul Nath Jindal, Managing Director and CEO of Next Bharat Ventures, Ronit Kumar and Prathyusha Thammineni from Suzuki Motor Corporation, Sachin Ahuja from Next Bharat Ventures.