T-Hub and Hexagon Collaborate to Ignite Innovation: 12 Startups Selected for LAB32 Cohort in AI and Digital Reality

Feb 15, 2024 - 13:09
Feb 15, 2024 - 13:09
 0
T-Hub and Hexagon Collaborate to Ignite Innovation: 12 Startups Selected for LAB32 Cohort in AI and Digital Reality
T-Hub and Hexagon Collaborate to Ignite Innovation: 12 Startups Selected for LAB32 Cohort in AI and Digital Reality

T-Hub, the prominent startup incubator in India, has unveiled the latest edition of its flagship program, LAB32, in partnership with global digital solutions leader, Hexagon. This 100-day program will concentrate on fostering innovations in Digital Twin, Real-Time Language Translation, and Predictive Maintenance through AI models.

Selected startups will benefit from T-Hub's expert guidance and Hexagon's support, gaining mentorship in Go-to-Market (GTM) strategies and valuable assistance from valued partners. The program extends access to T-Hub's upcoming activities, with potential market entry opportunities during the Market Access Day. Additionally, three startups from the cohort have the chance to Go-to-Market with Hexagon, presenting transformative possibilities.

A rigorous evaluation process resulted in the selection of 12 startups from a pool of over 230 applications. These startups demonstrated their product pitches from both technical and business perspectives, securing their place in the cohort. The final list includes Deeploop, Gudlyf Mobility, LIVNSENSE, SwitchOn, CRION Technologies, AIOTEL, Eugenie.ai, Xeeed.io, Indika AI, Atomstate, GenZ Technologies, and Vitra.ai.

Mahankali Srinivas Rao (MSR), CEO of T-Hub, expressed the commitment to fostering innovation and empowering startups. He stated, "LAB32 in collaboration with Hexagon underscores our dedication to providing startups with unparalleled opportunities for growth and success."

Paolo Guglielmini, President and CEO of Hexagon, commended the entrepreneurs shaping the future through impactful innovations. He highlighted the role of agile startups in applying human ingenuity with advanced technology to solve global challenges.

Navaneet Mishra, Senior Vice President at Hexagon’s R&D Centre India, emphasized the power of combining internal and external innovations. He looks forward to working closely with startups, providing mentorship and enabling them to develop and scale solutions with Hexagon’s cutting-edge platforms and technologies.

LAB32 has established itself as India's Longest Running Market Readiness Program, supporting startups from MVP-ready to market-ready. With this cohort, T-Hub's LAB32 program has reached a milestone of 300 startups, securing over $410 million to date in funding. Over 50 mentors have contributed to the program's success.

About T-Hub: T-Hub is India's leading innovation ecosystem, based in Hyderabad, bringing together startups, innovation programs, and global support to create a conducive environment for startups. T-Hub offers mentoring, market access, funding opportunities, and partnerships to support startup growth.

About Hexagon: Hexagon is a global leader in digital reality solutions, incorporating sensor, software, and autonomous technologies to enhance efficiency, productivity, quality, and safety across various sectors. With approximately 24,500 employees in 50 countries, Hexagon's net sales amount to around 5.4 billion EUR.

About Hexagon R&D India: Hexagon’s R&D Center in India, the single largest hub globally, houses over 2,000 talented engineers and developers. It creates innovation that powers Hexagon's products and solutions, delivering creative solutions for all business lines, including Asset Lifecycle Intelligence, Autonomous Solutions, Geosystems, Manufacturing Intelligence, and Safety, Infrastructure & Geospatial.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow