● The partnership aims to provide technology startups with access to capital, mentorship, and opportunities in India and Japan.
● Startups will gain exposure in industries such as sustainability, rural development, supply chain, agritech, and mobility.
India, 13th feb 2023: T-Hub, a leader in India’s innovation ecosystem, has announced a collaboration with Suzuki Motor Corporation (SMC), a top player in the automotive industry, to boost the growth of the Indian startup community. This partnership will provide mentorship and support to Indian entrepreneurs looking to tap into Japan’s ecosystem through T-Hub and SMC.
The Suzuki Innovation Center (SIC), an open innovation platform, will offer growth opportunities to T-Hub-incubated startups and facilitate new connections and innovation between India and Japan. Entrepreneurs will have the chance to collaborate with universities and industries from both countries in areas such as sustainability, rural development, supply chain, agritech, and mobility. T-Hub’s strong innovation ecosystem will also provide exposure for SIC to innovative solutions from startups, enhancing their experience and expertise in the innovation field. T-Hub and SIC will join forces in events, leadership programs, workshops, and mentoring to bridge the gap between the Japanese and Indian startup ecosystems.
MSR (Mahankali Srinivas Rao), CEO of T-Hub, said, “Through our partnership with Suzuki Motor Corporation, we are aiming to address broad challenges on and beyond mobility, in India and Japan, on top of the synergistic combination of technology and design. The partnership will empower T-Hub entrepreneurs to scale globally enduring homegrown technology startups with access to mentorship, and guidance from Suzuki Innovation Centre.”
The MoU was signed in the presence of Mr. Hideaki Domichi, Former ambassador Japan to India, and Director, Suzuki Motor Corporation, Mr. Kinji Saito, Director and Senior Managing Officer, Global Automobile Marketing, Suzuki Motor Corporation, Mr. Vipul Jindal, Execution Head, Suzuki Innovation Center, Mr. Srinivas Rao Mahankali, Chief Executive Officer, T-Hub, Ms. Prathyusha Koneti, Head – Corporate Innovation, T-Hub
Spokesperson, Suzuki Motor Corporation said, “Our partnership with T-Hub will synergize the startup ecosystem between India and Japan. Suzuki`s latest initiative, ‘Suzuki Innovation Center (SIC)’ will play an instrumental role in promoting open-innovation with startups along with support of partners like T-Hub”, said Mr. Kinji Saito, Director and Senior Managing Officer Global Automobile Marketing, Suzuki Motor Corporation.”
The one-year agreement aims to revolutionize open innovation and create worldwide opportunities for the Indian startup ecosystem. T-Hub startups will have access to benefits such as solution validation, proof-of-concept development, funding options, and a vast network of global connections.
T-Hub has a strong track record of scaling startups through its programs and partnerships with a robust ecosystem. The organization has already impacted over 2,000 startups, formed partnerships with 600 global and national corporations, and provided 2,000 mentorship connections to support startup growth. T-Hub will continue to foster collaboration between startups and world-leading innovation ecosystems, providing global market access to startups.
