T-Hub rolls out next batch of accelerator for startups
The Hindu
Under T-Angel, qualified startups stand to get upto Rs.50 lakh from angel investors.
Tech startup incubator T-Hub is inviting applications from startups for the second batch of acceleration programme T-Angel. Around 15-20 tech startups are to be shortlisted for the 45-day programme that will commence in July. They will be shortlisted after an extensive screening process by a committee of investors and mentors. Startups from across India can apply. Applications will close on June 30. The acceleration programme will focus on understanding and resolving two key constraints or pain points of a startup’s business operations hindering their prospects of raising capital. T-Angel will be supported by angel investors who will collectively invest upto ₹50 lakh, in three tranches, in each of the qualified startups, a release from T-Hub said.
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