Hyderabad, September 26th, 2018 – T-Hub, a global startup catalyst that powers entrepreneurship, scale and deal flow, today announced its partnership with Beanstalk AgTech, a venture builder focusing on high-growth Agricultural Technology (AgTech) companies across the Asia-Pacific region, for the Australia-India AgTech Market Access Program.
The program sponsored by the Australian Government – Department of Foreign Affairs and Trade will kick-start in early 2019 with an aim to solve important agricultural sector problems in both the countries.
The Australia-India AgTech Market Access Program is the ﬁrst bilateral platform between the 2 countries that provides a tailored and structured pathway for cross-border growth of AgTech startups. T-Hub and Beanstalk AgTech will select twelve best-in-class AgTech startups from both countries that can solve agricultural problems of Australia and India respectively using advanced technologies.
Her Excellency Linda Dessau AC, Governor of Victoria visited T-Hub today on her first official visit to Hyderabad and said “It has been absolutely fascinating to visit T-Hub, one of the world’s leading startup engines. Victoria is also extremely proud of our dynamic startup sector. We look forward to growing Victoria’s engagement with T-Hub, starting with the wonderful exchange that will come through the T-Hub/Beanstalk collaboration. Victoria is the AgTech hub of Australia, and the opportunity to lift productivity in the agricultural sector through technology can bring benefits to farmers in India, Australia and around the world.”
“For this program, we will select startups with brilliant solutions for the agriculture sector and who are ready to explore a new market. T-Hub brings value for these startups by helping them to localize their product, figure out the right sales channels, and introducing them to potential customers and channels across the country in order to scale their companies. Over the years, we at T-Hub have worked with hundreds of startups with solutions based on emerging technologies and helped them to grow. We are positive that this partnership will help strengthen the vibrant entrepreneurial ecosystems in both India and Australia, and we are proud to continue being one of the best scaling engines for start-ups from around the world” said Srinivas Kollipara, CEO of T-Hub.
“This challenge-led market access platform will ensure that AgTech companies making the journey across borders are solving specific challenges that speak to their comparative strengths. Through this partnership, Beanstalk AgTech and T-Hub will support these high-growth companies to access networks and capability development to ensure their solutions can be localised to drive strong commercial, social and environmental outcomes in the agricultural sector”. William Taing, Co-Founder of Beanstalk AgTech.
This platform will provide a sustainable model for helping innovative startups to make the biggest impact in Australia and India, and to enhance agricultural yields in both countries.
T-Hub is a global startup catalyst that powers entrepreneurship, scale and deal flow. Incorporated in Hyderabad, India in 2015, it has provided more than 350 national and international startups with access to mentors, customers, corporates, investors and government agencies. T-Hub is on a mission to scale startups globally, offering entrepreneurs a world-class platform to help them generate revenue and get access to new customers, capital and markets. T-Hub supercharges corporate innovation by enabling an out-of-the-box approach, works with investors to enhance deal flow, and helps governments to implement and improve their startup initiatives.
About Beanstalk AgTech:
Beanstalk is a venture builder focused on scaling high growth AgTech companies with the potential to have a global impact. We bring together corporates, producers, government, research and entrepreneurs across Asia to catalyse and commercialise ideas that reinvent our future food system. Our structured open innovation process underpins our mantra to start with a clearly defined problem and scout solutions that achieve solid financial, environmental and social outcomes.
Beanstalk operates across the Asia-Pacific region with offices in Melbourne (Australia) and Singapore.