The third batch of startup incubation at Lab 32 was inaugurated by t-hub.
T-hub announced the list of 45 startups that will be incubated in the third batch of Lab 32. The Hyd based incubator received over 500 applications from across India. The startups are from emerging sectors such as cybersecurity, consumer tech, real estate, and construction. Lab 32 program is in line with the government of India's startup Initiative- also known as Startup India. While addressing the newly incubated startups- Ravi Narayan, CEO of T-hub, said- their programs are customized to meet the needs of startups.
In the Third Batch of Lab 32 - 28 % of startups have received some form of funding, while 70% are generating revenue of over 50 lakhs.
While speaking to the incubated startups, Ravi Narayan stressed the need for an incubation program for matured startups.
My startup Tv Spoke to some of the incubated entrepreneurs.
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