Hyderabad-based startup ecosystem builder T-Hub, in partnership with Uber and TiE Silicon Valley today announced the launch of T-Bridge, a new program that will connect Indian startups with global market opportunities, and help bring global startups to India. This announcement comes four months after Telangana government shared its plan to open a T-Hub’s outpost in Silicon Valley.
T-Bridge aims to enable startup communities in India and around the world to cross-pollinate ideas, innovate and create channels for knowledge transfer. The programme also aims to create a network of mentors, VCs, incubators and accelerators that is advantageous to the Indian startup ecosystem.
Hyderabad offers a good infrastructure support, a large and growing technology talent pool, and a vibrant, cosmopolitan international community. The press statement claims that in Telangana ‘startups can hit the ground running instead of being buried in red tape’. T-Bridge program claims to provide a platform for fast-track tech companies looking to tap into India’s huge consumer market for technology. T-Bridge will help startups access UberEXCHANGE, Uber’s flagship startup mentorship program and TiE Silicon Valley’s mentor network.
Mr. Ram K. Reddy, incoming President of TiE Silicon Valley acknowledged that the vitality and transformational mindset of Telangana leadership gained quick notoriety within the startup world.
Rachel Whetstone, Uber’s senior vice president for policy and communications, said,
Telangana has set up a culture of ‘regulatory incubation’ — allowing new ideas and business models to thrive. Through initiatives like UberEXCHANGE, our mentorship program for Indian startups, we hope to spur entrepreneurship.
According to Jay Krishnan CEO, T-Hub, since the launch of T-Hub last year, Hyderabad has witnessed a threefold increase in startup activity. Currently, the city has over 30 incubators and co-working spaces.
T-Hub aims to forge many such partnerships with governments and corporates across the world to setup T-Bridge centers, to strengthen trade relations and attract investment into the state of Telangana.