Hyderabad: T-Hub, a city-based startup innovation ecosystem has won the "Best Incubator in India" award at the National Startup Awards 2022 on National Startup Day. T-Hub emerged as the winner in the category of, efforts to support the growth of the startup ecosystem in Telangana. Chosen over 55 other incubators at the national level, T-Hub was awarded by DPIIT, Ministry of Commerce and Industry.
The innovation hub was awarded in the presence of Piyush Goyal, Union Minister for Commerce and Industry, Consumer Affairs, and Som Prakash, Minister of State for Commerce and Industry. T-Hub said it excelled in aspects such as funding raised by startups, sector focus, strong market connect, partnerships and overall impact created in the startup ecosystem spanning across over 2,500 startups. T-Hub's startups have raised almost $1.9 billion with more than 3000 market connects and creation of 12,000 jobs since its inception.
Jayesh Ranjan, Principal Secretary of I and C, Department of the Telangana government said, "Governments typically do not excel in this area, but by studying and meticulously learning from the best practices of others, T-Hub can become a national leader in the field. This is important for the entire country, as it can serve as a blueprint for other organizations to follow and create a successful startup ecosystem in the country."
The third edition of National Startup Awards 2022 recognised outstanding startups and enablers which have demonstrated exceptional capabilities not only in terms of financial gains, but also for the measurable impact on the society.
MSR, CEO, T-Hub said, "At T-Hub, we uphold the highest service of excellence and impact. I am grateful for the opportunity to play my part in uplifting the startup ecosystem. T-Hub will continue to drive the collaboration between startups and leading innovation ecosystems."