T-Hub and Beyond4
T-Hub and Beyond4

T-Hub and Beyond4

News summary

T-Hub, India’s leading startup incubator, has signed a Memorandum of Agreement with Beyond4, Malaysia’s premier accelerator, aimed at fostering cross-border innovation and enhancing market access between India and Malaysia. This partnership, witnessed by Malaysian Minister Datuk Seri Tengku Zafrul Abdul Aziz, seeks to support startups in key sectors such as fintech, health tech, and agritech, leveraging T-Hub's extensive network to help Malaysian startups enter the Indian market and providing global growth opportunities for Indian startups. The agreement also includes initiatives for localization, mentorship, and investor support, including access to a broad network of angel investors and venture capitalists. Additionally, a USD 20 million venture fund will be established to support startups across India, Malaysia, Singapore, and Hong Kong. T-Hub CEO Mahankali Srinivas Rao emphasized this partnership as a transformative moment for both countries' startup ecosystems, aiming to create a robust framework for innovation and economic development. This initiative follows a recent state visit by Malaysian Prime Minister Anwar Ibrahim, which further solidified cooperation between the two nations.

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