T-Hub, an innovative ecosystem, in collaboration with Atal Incubation Centre (AIC), announced the selection of 20 start-ups for its program focused on the automobile industry. The 3-month program aims to provide start-ups with exclusive 1:1 mentoring, group sessions, investor connections and market pilots to help them find their first customers, interact with investors, access government incentives and grants and structure their companies with new business models.
After screening over 230 applications, the start-ups were selected based on founder qualifications, business models and products. The program's focus areas include automotive technologies, connected vehicles, fleet management, clean mobility solutions, electric vehicles and emerging vehicle technologies.
Amongst the selected start-up are- Triolt, Etric, Vihaan Electrix, Aurita electric utility bikes, Tumpudi Automotive Pvt Ltd, Zero Sum, Bijliride, Transcent, TelioEV, TRiDE Mobility, CHARGEKART, Piqyu, Bid rYde, SunPlower Wind, LogiXair, Austhraa Motors, C&G Green Energy.
"Through this program, we aim to create a strong ecosystem empowering start-ups and facilitating new-age solutions in the automobile industry. We are excited to welcome the selected start-ups to the AIC-T-Hub program. Over the next few months, startups will receive access to the right mentorship, funding channels and networking opportunities," said Mahankali Srinivas Rao (MSR), chief executive officer (CEO) of T-Hub.
"We are confident that this program will play a crucial role in helping start-ups scale their businesses and drive innovation in the automobile industry," added Rajesh Adla, CEO of AIC T-Hub Foundation.
Atal Incubation Centers (AICs) are greenfield incubation centers established under the Atal Innovation Mission (AIM) to provide necessary support and resources to start-ups and drive innovation and entrepreneurship in India.
The program commenced on April 5 and will end on July 5, with a Demo Day scheduled at the end of the program. Start-ups will benefit from exclusive access to potential investors and customers, mentorship from industry experts and a chance to connect with other start-ups in the ecosystem. The program is focused on providing start-ups with access to world-class experts and resources to sharpen their understanding of the market, refine their business and product commercialization plans, and quickly test and certify their EVs.