Hyderabad: Telangana CM Chandrasekhar Rao to throw open new T-Hub facility today
Telangana Chief Minister K Chandrasekhar Rao will inaugurate the new T-Hub facility in Hyderabad’s IT corridor Tuesday. Founders of 25 Indian unicorns and representatives of the 30 biggest venture capitalist firms will participate in the event where some of T-Hub’s best startups will be felicitated. Deemed the country’s biggest simple cantilever structure, the new facility is built at a cost of about Rs 400 crore. The 10-storey building is spread over 3,70,000 sq. ft to house over 4,000 startups under its roof.
T-Hub (short for Technology Hub), which started as a startup incubator in 2015 in a partnership between the state government and institutions such as IIIT-Hyderabad, Indian School of Business, and NALSAR, among others, has now reimagined itself as an innovation ecosystem enabler.