T-Hub launches angel funding for startups

Hyderabad: T-Hub announced the launch of its funding programme T-Angel, a joint venture with Telangana government, to empower and enable early stage investment ecosystem through angel investments.

T-Hub is an initiative of the state government for startups. T-Angel will be executed by T-Hub and online investment platform LetsVenture.

T-Angel is a three-month investment acceleration programme wherein as many as 30 startups with the leading-edge solutions in healthcare, real estate, entertainment, sports, education and finance will be shortlisted.

The programme for the first batch of chosen startups will commence on October 20, it said.

CEO of T-Hub, Ravi Narayan said, "T-Angel is a joint initiative by Telangana government and T-Hub to create a robust investment ecosystem for the state."