T-Hub partners with Pontaq to support Tech Startups
T-Hub, a Hyderabad-based innovation ecosystem enabler, has announced a partnership with Pontaq, a cross-border innovation fund investing in early-stage technology startups in the United Kingdom, India, the United States, and Canada. T-Hub and Pontaq hope to help technology-driven companies and establish a comprehensive innovation ecosystem in the nation through this relationship.
MSR (Mahankali Srinivas Rao), CEO of T-Hub, and Prem Kumar Barthasarathy, Managing Partner of Pontaq, signed a memorandum of understanding (MoU). The signing took place on the eve of the opening of T-new Hub’s innovation complex. T-Hub will offer Pontaq with office space in T-new Hub’s building and will open a branch in Hyderabad under this one-year arrangement.
Pontaq will also be an investment partner to T-Hub in the UK-India corridor, allowing firms developed at T-Hub to grow into UK markets. The alliance, which aligns with the T-philosophy Hub of six Ms (Mentors, Market, Motivation, Manpower, Money, and Methodologies) and two Ps (Partnerships and Policy Advisory), would offer financial possibilities for Indian entrepreneurs and connect them with globally competent innovators. According to MSR, “We are confident in our ability to build a solid finance environment for our entrepreneurs, and this partnership is proof of that. T-Hub and Pontaq share the objective of expanding growth and funding possibilities for businesses in India and the United Kingdom.”
