T-Hub, India’s leading startup incubator, today announced the selection of 10 startups in partnership with the UK Government’s ‘UK-India Emerging Tech Exchange Programme’. This partnership marks the launch of the UK-India Emerging Tech Exchange Programme which is a joint effort aimed at fostering collaboration and driving advancements in cutting-edge technologies. The primary goal of this partnership is to use both nation’s capabilities in the disciplines of Artificial Intelligence (AI) and Semiconductors.
The programme will facilitate knowledge exchange, establish relationships with key entities in India, and highlight the strengths and advancements of both nations’ industries. T-Hub will assist the implementation of the emerging technologies accelerator programme for UK companies through knowledge-sharing sessions, resource access, and mentorship opportunities, boosting cooperation and research and innovation. They will also provide networking opportunities showcasing UK strengths as a partner in innovation, academia, VC, and explore opportunities for more collaborations in India.
The selection process meticulously identified 10 leading-edge startups showcasing a harmonious blend of 5 innovative startups from India and 5 from the United Kingdom, seamlessly aligning with the programme’s core focus on cutting-edge innovation and high-growth potential. These innovative companies, operating at the minimum viable product stage or beyond, have demonstrated notable traction in their respective fields. The selected startups are- Alice Camera, B-Secur, ValueChain, Wootzano, Zeal Pay, Biva.AI, Monitra Healthcare, StarBuzz.AI, SegriTech, and BluJ Aero.
Mahankali Srinivas Rao (MSR), CEO, T-Hub, said, “India’s startup ecosystem is rapidly emerging as a focal point for chip innovation, driven by a deep-tech talent pool, a thriving startup landscape, and swift technology adoption. The collaborative effort between India and the UK under the UK-India Emerging Tech Exchange Programme aims to leverage these advantages. In sync with this visionary collaboration, T-Hub stands committed to providing a robust platform. We are collectively paving the way for startups to accelerate their growth and make impactful strides in the ever-evolving realm of technology.”
Christina Scott, the British Deputy High Commissioner to India said “The UK-India Emerging Tech Exchange continues our work to connect the UK and India’s innovation ecosystems. Through T-Hub’s exciting programme we can strengthen knowledge-sharing and market access in critical technologies like AI and semiconductors, enhancing our two countries’ prosperity and security. We’re excited about the accelerated growth it promises for both UK and Indian startups.”
The programme will offer selected entrepreneurs an array of opportunities such as dynamic innovation ecosystem, live market access, expert sessions, financial aid, mentorship, and networking opportunities, providing remarkable assistance to entrepreneurs seeking overseas expansion and localization of their idea. The three-month program is slated for completion in March 2024, marking a transformative journey for these startups.