With 16 corporate partnerships having been formed through various programmes, $64 million has been raised in funding so far through T-Hub’s corporate innovation division (CID). “So we have now a whole set of programmes for corporate innovation itself. Some of the CID programmes are T-Hub and Facebook’s ‘India Innovation Hub Accelerator Program’ and the ‘YES Fintech Accelerator’. What we did with YES Bank is that we started expending them to give small and medium enterprises business loans (for smaller amounts). Apart from the CID, T-Hub has worked with 1,443 start-ups through mentorship, connects and programmes.

Source: Mint June 10, 2019 07:30 UTC