DPIIT Recognizes Telangana as ‘Top Performer’ in State Startup Ecosystem

Telangana, India, January 16, 2024: Telangana’s commitment to fostering a robust startup ecosystem has earned it the prestigious “Top Performer” position at the DPIIT State Startup Rankings 2022 & National Startup Awards 2023. Recognized during the National Startup Day in New Delhi, the accolade underscores Telangana’s multifaceted initiatives, including holistic institutional support, inclusive policies for marginalized groups, and innovative funding mechanisms.

The state’s success is attributed to key enablers like T-Hub, TSIC, T-Works, WE HUB, RICH, and TASK, along with notable contributors such as Mahankali Srinivas Rao, CEO, T-Hub, and Shanta Thoutam, Chief Innovation Officer of Telangana. This acknowledgment reflects Telangana’s thriving ecosystem and commitment to inclusive innovation.

The Telangana State Startup Ranking Report highlights significant achievements, including the registration of 1800+ startups, with special incentives for 300+ women-led startups, market access opportunities for 375+ startups, and incubation support for 550+ startups. This recognition follows T-Hub’s previous national win as the Best Technology Incubator in India. Join Telangana in shaping a future as a symbol of innovation and progress for the entire nation.

Quotes from Telangana’s Leaders:
Jayesh Ranjan, Principal Secretary, Department of ITE&C: “This acknowledgment reinforces our commitment to building an ecosystem that embraces change and shapes a future where Telangana stands as a beacon of innovation.”

Mahankali Srinivas Rao, CEO, T-Hub: “This recognition is an affirmation of the collaborative efforts of dedicated entrepreneurs, mentors, partners, and stakeholders.”

Shanta Thoutam, Chief Innovation Officer: “This award is not just a recognition; it’s a celebration of the tireless efforts of every startup, mentor, partner, and stakeholder.”

Stay tuned for insightful quotes from Telangana’s leaders on National Startup Day 2024, capturing the essence of innovation, resilience, and the boundless possibilities that startups bring to the forefront.

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