T-Hub, a start-up incubator has today announced the launch of Cohort 12 of LAB32 in collaboration with Hexagon, a global leader in sensor, software, and autonomous solutions. Together, T-Hub and Hexagon have embarked on a mission to accelerate the growth and innovation of startups focusing on Artificial Intelligence, Machine Learning, and Digital Reality.
During this engagement, T-Hub's flagship program, LAB32, will execute the Market Readiness Program for MVP stage start-ups, addressing specific problem statements identified by Hexagon. The LAB32 team will meticulously select start-ups that are MVP-ready and meet the eligibility criteria set forth by the program. The selected start-ups will receive support in the form of go-to-market initiatives, group Sessions, and one-on-one mentoring sessions.
The collaboration also offers start-ups an invaluable opportunity to tap into Hexagon's wealth of technological expertise and mentoring support, with a particular focus on addressing the problem statements outlined by Hexagon. Exceptional performers among the start-ups stand to gain the coveted chance to partake in pilot projects with Hexagon, aligning seamlessly with LAB32's core objectives of achieving market readiness and market access.
Start-ups can choose to work on one of three specific problem statements such as building digital twins for EV Manufacturing, Real-time language detection and translation, and enabling prescriptive maintenance with AR and VR for Process Plants.
MSR, CEO, T-Hub said, “Collaboration is the cornerstone of innovation, and our partnership with Hexagon for the new cohort of LAB32 represents a significant milestone in T-Hub's journey. At T-Hub, we believe in fostering an ecosystem that not only empowers entrepreneurs but also propels them toward global success. This collaboration is a testament to our commitment to providing start-ups with the tools they need to thrive and make a meaningful impact on the world."
Commenting on the launch, Navaneet Mishra, senior vice president and Head of Hexagon’s R&D Center India, said “Indian start-ups are passionate, tech-savvy and hardworking. With Hexagon’s 'Start-up Catalyst Program', we are going to help them channel their energies and attention toward a precisely defined real-world problem. We will support them with cutting-edge technology platforms, mentors to facilitate the co-solutions, and an opportunity to access global customers. We want to help start-ups from India scale their innovation globally, this program is an important step in that journey.”
The program launch event at T-Hub witnessed the presence of MSR, CEO, T-HUB, Anish Anthony, CDO, T-Hub, Raghuveer Kovuru, Director, Innovation Management, T-Hub, Navaneet Mishra, senior vice president and general manager, Hexagon’s R&D Center India, Sekhar Konidena, division head, Hexagon’s R&D Center India and Anjani Prabhakar, director, Hexagon’s R&D Center India
Applications for the cohort will begin from November 8, 2023. The cohort will commence in February 2023 and will extend for a duration of 100 days. Interested start-ups can apply here.
Last year, T-Hub and Hexagon joined forces to establish a Geospatial Experience Centre at T-Hub, further enhancing the technological infrastructure available to start-ups. Both organisations are devoted to providing critical technology expertise to the start-ups in this cohort.