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10K start up Prog & Telangana Govt launched start-up warehouse at T-Hub

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The NASSCOM (The National Association of Software and Services Companies) 10K Start-up Program in partnership with the Telangana government inaugurated the T-Hub NASSCOM Start-up Warehouse in Hyderabad.

10K start up Prog & Telangana Govt launched start-up warehouse at T-HubWhat is startup warehouse?
It is an incubator and co-working space for technology startups and early stage product companies at a reasonable cost.

  • The warehouse allows them to work for 6-12 months.
  • During this time, these startups can give demos and pitch to investors, large corporate’s, other accelerators/incubators and individual mentors.
  • The first startup warehouse was set up in Bangalore in 2013, followed by other cities including Kolkata, Navi Mumbai, Pune, Kochi and Gurgaon.

About 10K Startups Program:
The 10,000 Startups was an ambitious programme initiated by Nasscom to scale up the start-up ecosystem in India by ten-fold over the next 10 years.

  • The initiative seeks to bring together key stake holders of the ecosystem including start-up incubators, accelerators, angel investors, venture capitalists, start-ups, support groups, mentors, and technology corporations.
  • It is supported by Google, Microsoft, IBM, AWS and Kotak.

About T-Hub:
T-Hub is a public/private partnership between the government of Telangana, three of India’s premier academic institutes (IIIT-H, ISB & NALSAR) and key private sector leaders.

  • It is an incubation center that aims to be a catalyst in building and strengthening Hyderabad and Telangana startup ecosystem.
  • The Telangana government has announced $100 Mn venture capital fund.