Hyderabad, July 25 (UNI) T-Hub (Technology Hub), India's leading innovation ecosystem, has signed a Memorandum of Understanding (MoU) with BEYOND4, an intelligent multi-tier accelerator ecosystem based in Malaysia to Drive Cross-Border Innovation between India and Malaysia.
The MoU, which was held at the India-ASEAN Startup Summit (IASS) in Kuala Lumpur recently, is set to benefit startups in both India and Malaysia by focusing on five key areas. Cross-Border Startup Collaboration will create a supportive ecosystem for exchanging knowledge and best practices, enhancing innovation through shared expertise, Hyderabad based T-Hub said in a statement here on Thursday.
The MoU signing witnessed the presence of several key dignitaries, including S T Rubaneswaran (STR) Chief Executive Officer (CEO) Beyond4 Malaysia, Isyraq Akram bin Mohd Nasir, Corporate Unit Yayasan Pahang Pahang State Government, Kalyana Rajasekaran Teagarajan, Chief Executive Officer (CEO) Entrepreneurial Development Advisory Centre EDAC, Mahankali Srinivas Rao (MSR), CEO, T-Hub and officials from India-ASEAN Startup Summit (IASS).
T-Hub CEO commented, "This partnership with BEYOND4 is a significant step towards fostering a robust and dynamic startup ecosystem between India and Malaysia. Our combined efforts will drive innovation, facilitate investments, and support startups in scaling new heights. By fostering an environment where startups can collaborate across borders, we aim to accelerate innovation and develop cutting-edge products and solutions that benefit both local and global markets.
Rubaneswaran said, "The collaboration between T-Hub and BEYOND4 will forge a dynamic ecosystem for innovation, breaking down cultural and geographical barriers. By combining our strengths, we will provide startups with accelerated access to cutting-edge technologies and expanded funding opportunities. As Malaysia targets RM345.9 billion in investments, this partnership will further enhance these growth trajectories, supporting robust, innovative solutions and offering broader funding avenues for startups."
BEYOND4’s expansion into India and Europe represents their ongoing commitment to building a comprehensive startup ecosystem. With over 3,000 trained in IR4 technologies and 178 startups supported through their Pre-Accelerator and Accelerator programs, BEYOND4 continues to drive success.
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