Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
T-Hub raises Rs.5-Cr from Startup India Seed Fund
T-Hub, an innovation intermediary and business incubator based in Hyderabad, has been selected under the Startup India Seed Fund Scheme by DPIIT, GOI to disburse INR 5 crore among eligible startups with an objective to support and fuel early-stage funding in startups. The seed fund allocated to T-Hub is sector-agnostic and will focus on supporting technology startups and innovations which are Minimum Viable Product (MVP) ready and need funds for their early growth. The fund will be disbursed through debt or convertible debentures instruments, providing financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialisation.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.