T-Hub and Nasscom launch a startup warehouse in partnership
Hyderabad, India | Red Newswire | Jan 19, 2016 Last Updated at 12:00 PM IST.
Nasscom has contributed significantly to the country’s startup ecosystem and is now doing it again. This time it has partnered with T-Hub to launch its Hyderabad Startup Warehouse.
The event was attended by Shri. Kalvakuntla Taraka Rama Rao (Cabinet Minister for IT & Panchayat Raj, Telangana State), Mr. BVR Mohan reddy (Chairman, Nasscom), Mr. R. Chandrasekhar (President, Nasscom), Srinivas Kollipara (founder, T-Hub) and Jay Krishnan (CEO, T-Hub).
The startup warehouse will provide incubator facilities as well as co-working space for tech startups at a reasonable price. The startups get to work at the warehouse for 6-12 months, during which they can approach investors.
Nasscom’s 10000 Startups programme has support from Microsoft, IBM, Kotak, Google and AWS.
Mr. Chandrasekhar said, “Hyderabad startup ecosystem has grown extensively in the last one year. We wanted to back this culture and support these young minds to foster and create tomorrow’s global brands. ”
Nasscom launched its first warehouse in Bengaluru in 2013, followed by launches in Mumbai, Pune, Kolkata, Gurgaon and Kochi.