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Business EconomyPosted at: Sep 6 2022 8:40PM


T-Hub partners with SucSEED to accelerate investment opportunities for DeepTech Startups

Hyderabad, Sep 6 (UNI) T-Hub, which leads India’s innovation ecosystem, on Tuesday announced its partnership with SucSEED Indovation, the SEBI-registered Alternative Investment Fund (AIF-1) Venture Capital Angel Fund.
Through this collaboration, T-Hub and SucSEED Indovation intend to encourage innovation, increase funding, and assess investment options for DeepTech startups in India.
Both organisations formalised their alliance by signing a Memorandum of Understanding (MoU).
Utilising their combined knowledge of the startup ecosystem, T-Hub and SucSEED will work together to mentor, promote, incubate, and aid in DeepTech startups’ growth by holding masterclasses and other workshops for knowledge exchange.
SucSEED Indovation will also have a presence in T-Hub’s new facility, the world’s largest innovation campus, as part of its one-year engagement, creating significant synergies between SucSEED Indovation and T-Hub stakeholders.
MSR (Mahankali Srinivas Rao), CEO of T-Hub, said, through innovation, these startups have transformed various industries from manufacturing to healthcare. T-Hub, through these partnerships, envisions making the connection and fundraising easy for startups and investors.”
Vikrant Varshney, Co-Founder and Managing Partner of SucSEED Indovation Fund, said, SucSEED has been committed to collaborating with strong partners like T-Hub, who provide an ecosystem for startups and help passionate entrepreneurs build innovative solutions. We’ve worked regularly with the Telangana ecosystem and T-Hub in the last 5+ years, and we are happy to formalise our engagement through this MOU and scale our efforts further by investing in emerging startups that have the potential to become legendary enterprises of tomorrow
Depending on company performance, T-Hub startups will stand a chance to raise funds from the SucSEED Indovation Fund and join its illustrious portfolio list. In addition, these portfolio startups will be given access to scale with the help of credible VCs and family offices, increasing their investment opportunities.
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