- Startups to benefit from Hexagon’s technology proficiency and T-Hub’s mentorship in addressing real-world challenges.
- LAB32, India’s longest-running market readiness program, continues to nurture startups for future success.
T-Hub, India’s leading startup incubator has today announced the launch of Cohort 12 of LAB32 in collaboration with Hexagon, a global leader in sensor, software, and autonomous solutions. Together, T-Hub and Hexagon have embarked on a mission to accelerate the growth and innovation of startups focusing on Artificial Intelligence, Machine Learning, and Digital Reality.
During this engagement, T-Hub’s flagship program, LAB32, will execute the Market Readiness Program for MVP stage startups, addressing specific problem statements identified by Hexagon. The LAB32 team will meticulously select startups that are MVP-ready and meet the eligibility criteria set forth by the program. The selected startups will receive support in the form of go-to-market initiatives, group Sessions, and one-on-one mentoring sessions.
The collaboration also offers startups an invaluable opportunity to tap into Hexagon’s wealth of technological expertise and mentoring support, with a particular focus on addressing the problem statements outlined by Hexagon. Exceptional performers among the startups stand to gain the coveted chance to partake in pilot projects with Hexagon, aligning seamlessly with LAB32’s core objectives of achieving market readiness and market access.
Startups can choose to work on one of three specific problem statements such as building digital twins for EV Manufacturing, Real-time language detection and translation, Enabling prescriptive maintenance with AR and VR for Process Plants.
MSR, CEO, T-Hub said, “Collaboration is the cornerstone of innovation, and our partnership with Hexagon for the new cohort of LAB32 represents a significant milestone in T-Hub’s journey. At T-Hub, we believe in fostering an ecosystem that not only empowers entrepreneurs but also propels them toward global success. This collaboration is a testament to our commitment to providing startups with the tools they need to thrive and make a meaningful impact on the world.”
Commenting on the launch, Navaneet Mishra, Senior Vice President and Head of Hexagon’s R&D Center India, said “Indian startups are passionate, tech savvy and hardworking. With Hexagon’s Startup Catalyst Program, we are going to help them channel their energies and attention towards a precisely defined real-world problem. We will support them with cutting-edge technology platforms, mentors to facilitate the co-solutioning and an opportunity to access global customers. We want to help startups from India scale their innovation globally, this program is an important step in that journey.”
The program launch event at T-Hub witnessed the presence of MSR, CEO, T-HUB, Anish Anthony, CDO, T-Hub, Raghuveer Kovuru, Director, Innovation Management, T-Hub, Navaneet Mishra, Senior Vice President and General Manager, Hexagon’s R&D Center India, Sekhar Konidena, Division Head, Hexagon’s R&D Center India and Anjani Prabhakar, Director, Hexagon’s R&D Center India
Applications for the cohort will begin from November 8, 2023. The cohort will commence in February 2023 and will extend for a duration of 100 days. Interested startups can apply here.
Last year, T-Hub and Hexagon joined forces to establish a Geospatial Experience Centre at T-Hub, further enhancing the technological infrastructure available to startups. Both organizations are devoted to providing critical technology expertise to the startups in this cohort.
About T-Hub:
T-Hub is India’s leading innovation ecosystem, located in Hyderabad. T-Hub brings together the startup ecosystem and the innovation programs from across the world to help create a supportive environment for startups. T-Hub provides startups with mentoring, market access, and access to funding opportunities, along with an array of partnerships to support their growth. T-Hub has played a pivotal role in positioning Hyderabad as a leading destination for startups.
About Hexagon
Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. They are putting data to work to boost efficiency, productivity, quality and safety across industrial, manufacturing, infrastructure, public sector, and mobility applications. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,000 employees in 50 countries and net sales of approximately 5.2 billion EUR.
More about Hexagon here: https://hexagon.com/
About Hexagon R&D India
Hexagon’s R&D Center in India is the single largest R&D hub for the company globally. Over 2,000 talented engineers and developers create innovation from this center that powers Hexagon’s products and solutions.
It was established with Hexagon’s acquisition of Intergraph, the first IT MNC in Hyderabad, and has now grown to deliver innovations and create solutions for all business lines of Hexagon, including Asset Lifecycle Intelligence, Safety Infrastructure & Geospatial, Geosystems, Mining, Manufacturing Intelligence and Autonomous Solutions. It also hosts a few dedicated services teams for the global implementation of Hexagon’s products.
