T Hub inks pact with inQ Innovation

Hyderabad: T-Hub, a city-based business incubation centre for startups on Friday announced the signing of a Memorandum of Understanding with inQ Innovation, a global open innovation ecosystem headquartered in Sydney, Australia with operations in India.

Under this partnership, Indian growth-stage tech startups will get business opportunities, market understanding and access to customers in Australia. In addition, it will enable launchpad capabilities for Australian startups to explore and launch into the Indian markets.

The MoU was signed between T-Hub's CEO Ravi Narayan and inQ Innovation Global CEO and Director Irfan Malik at the Consulate General of India, Melbourne. Ravi Narayan, CEO, T-Hub, said: "Our idea behind partnering with inQ is to create an umbrella of opportunities for Indian growth-stage startups, to scale up in the international markets.

Additionally, international startups will have a platform for seamless entry into the Indian market, which will bring more technological advancement to our country." T-Hub said it will now call for applications for startups looking to scale into the Australian market based on specific industry segment and problem statements.