Hyderabad-based T-Hub, which was India’s biggest startup incubator, has appointed former global Director of Microsoft, Ravi Narayan, as its new CEO.
Previously, Srinivas Kollipara was as an interim CEO after Jay Krishnan has resigned from his position of CEO in T-Hub in April 2018.
Ravi studied at IIT Madras and did his MBA from University of Southern California.
In addition, T-Hub also announced that it will be increasing its size more than fourfold under the phase-II project that is expected to be completed in the second half of 2019.
In a media statement, Ravi Narayan said, “We talk about innovation and ecosystem here and the programs here such as international relations, Corporate innovation have done very well. For me, the next level is bringing all of it togetherand creating an innovation ecosystem. We don’t have to follow anyone’s footsteps. We have to carve out our own path to create an innovation ecosystem.”
According to Narayan’s LinkedIn profile, he had co-founded three companies in the US between 1992 and 2005 and exited all of them via M&A route. In 2013, he joined Microsoft where he was responsible for its startup growth programs that allow startups to co-sell with Microsoft.
Over 1,100 startups from India and outside have been incubated at T-Hub that spreads over 70,000 sq. ft space. With phase II coming up on a built-up area of 3-lakh sq. ft, T-Hub will regain the title of India’s biggest incubator in terms of sq. ft space.
The government had said the second phase would be taken up at an investment of Rs 150 crore on the built-up area of 3-lakh square feet, PTI reported.
The second phase of T-Hub was launched in 2017 and it was claimed that post completion of same T-Hubh will be the world’s second largest incubator for startups.
T-Hub is a Public-Private Partnership between the Government of Telangana, three of India’s leading academic institutes (The International Institute of Information Technology, Hyderabad, The Indian School of Business, Hyderabad and The National Academy of Legal Studies and Research, Hyderabad) and the private sector. It bills itself as standing at the intersection of the start-up, academic, corporate, research and government sectors.
Source – Financial Express, News Minute
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