HYDERABAD: State-led incubator T-Hub has selected 11 startups, out of the 68 that applied from across the country, for the third edition of its funding programme – T-Angel.
The second cohort of the T-Angel programme was successful in collectively raising Rs 4 crore from five investors based in India and the United States.
Some startups to have made it to the third batch are Weedeo, PropertyAdviser.in, Feemonk, Ucchvas Technologies, Ginzer Technologies, TriDE Moblity, Gravton, Roligt Foods Pvt. Ltd, Huemn, PayNet Systems and Swap Dietetics Private Limited, T-Hub said on Wednesday.
The shortlisted startups are from real estate, SaaS, ecommerce, EV, healthcare, education, automobiles, logistics, environmental services, security, and Internet of Things, it added.
As part of T-Angel, T-Hub is looking at connecting potential startups with interested angel investors in the region. The startups will be given workshops to be investment ready, enable potential angel investor networks and HNIs to discover high potential startups, it said.
With a mix of investment learning, mentorship, and evaluation, these startups will be able to know investors better, connect with other startups, advisors, partners and the well-networked T-Hub ecosystem, T-Hub said.
T-Hub CEO Srinivas Rao Mahankali (MSR) said the programme provides a framework for a current state assessment of the startups, helps identify and build a strong value proposition for the them and accelerates their growth journey through access to funding resources, mentors.
