A five-member Investment Committee (IC) will evaluate onboarded startups and decide on the investments.

T-Hub aims to secure investments for a minimum of 10 startups out of the 21 from the second batch up to 50 lacs each.

India, 27 July 2021: T-Hub, which leads India’s pioneering innovation ecosystem, announced today the selection of 21 startups for the second edition of T-Angel. These 21 startups are selected for the 45-days accelerator bootcamp. T-Hub will be supported by Angel Investors who will invest together up to INR 50 lacs in each of the qualified startups. T-Hub aims to secure investments for a minimum of 10 startups out of the 21 selected.

Shortlisted from close to 250 applications from across the country, the startups are spanned across sectors such as fintech, manufacturing, healthcare, education, automobiles, logistics, environmental services, the drone industry, security, and Internet of Things.

Ravi Narayan, CEO, T-Hub, said, “T-Angel program is not just about raising investment. It focuses on mentoring the startups such that they reach their full potential making them ready to raise investment and utilize the funds effectively. The selected startup are innovative enough to be the testament of how India's entrepreneurial ecosystem has evolved and matured over the years. We are thrilled to work with this diverse and talented group of startups and look forward to witness their growth journey during their time in the program.”

Some of the startups from the batch are Vityasa, Opstech, KarryNow, Self charging evs, Signasis Technologies Pvt. Ltd., Hueristic Devices Pvt Ltd, Fidelis Consulting Engineers Pvt. Ltd, Exodrone Systems Private Limited, PayNav, YuTu Electronics Pvt Ltd, Nayaseva Services Private Limited, Sparcolife Digital Healthcare Technologies Private Limited, ThinkMerit Edtech, Checklyst Solutions Pvt Ltd, SunEmison, Impof IT solutions, among others.

During the program, an in-depth assessment of the startup's business plan will be conducted by T-Hub to map the two straining gaps in the startups’ journey of raising funds. Based on this, a tailor-made work plan with specific interventions will be developed for each of the startup and mentor them for small-ticket investments. Shortlisted startups will then undergo an intensive training via five online sessions of two hours each with accomplished founders, business leaders, and investors. However, the frequency of consultations will depend on various factors and will be jointly decided by the program and participating startups. The business plan and investor pitch deck will be refined as the result of this process.

An Investment Committee (IC) composed of five members will evaluate the startups and make investment decisions. Additionally, other investors who are members of the program can attend the IC deliberations to share their insights.. The investment will be decided based on milestone progress by startups. For more information about the program, visit https://t-hub.co/T-angel/

ABOUT T-HUB

T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based out of Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem. With a mission of enabling and empowering an ecosystem hungry for innovation, T-Hub is creating impact for startups, corporations and other innovation ecosystem stakeholders. Incorporated in 2015, it has provided over 1500+ national and international startups with access to better technology, talent, mentors, customers, corporates, investors, and government agencies. It has elevated innovation for leading national and global corporations, transforming their business models for the better. Working in collaboration with innovation partners and enablers in Telangana, India and worldwide, T-Hub is building a future-ready innovation ecosystem.

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