Ratan Tata Inaugurates India’s Biggest Techology Incubator

05 November ,Hyderabad

Tata Sons Emeritus Chairman Ratan Tata inaugurated the first phase of the T-hub with world class infrastructure ,the Telangana government’s ambitious start-up incubator, at International Institute for Information Technology (IIIT-Hyderabad) campus in Gachibwli near here Thursday.
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AP and Telangana States common Governor E.S.L.Narasimhan and IT minister K.Taraka Rama Rao were among those present at the inaugural function.

Touted as the country’s largest technology incubator, the T-hub is a result of collaborative efforts from the Indian school of Business,the International Institute of Information Technology-Hyderabad (IIIT,H) and NALSAR University of Law

The state government had spent Rs.40 crore for setting up of the first phase of the project called “Catalyst” with a 70,000 sq ft built up area on the IIIT-H campus.

The T-hub offers infrastructure facilities to prospective software firms for a fee.
The start up incubator has already tied-up with 20 venture capital,according the state government officials.

About 140 start-ups and organisations have already signed up to occupy seats and cabin-sin catalyst building and 170 more are in the waiting list.