T-Hub, Hexagon team up to support 12 AI, VR startups in new LAB32 Cohort

The final selected startups include Deeploop, Gudlyf Mobility, LIVNSENSE, SwitchOn, CRION Technologies, AIOTEL, Eugenie.ai, Xeeed.io, Indika AI, Atomstate, GenZ Technologies, and Vitra.ai.

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Update:2024-02-15 16:28 IST
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HYDERABAD: T-Hub, India's leading startup incubator, has joined forces with global digital solutions leader Hexagon to launch a new cohort of their flagship programme, LAB32. This 100-day initiative seeks to accelerate innovation in Artificial Intelligence (AI) and Virtual Reality (VR) by supporting 12 promising startups.

The selected startups would delve into cutting-edge areas like digital twins, real-time language translation, and predictive maintenance powered by AI models. With guidance from T-Hub and support from Hexagon, these innovators would receive expert mentorship in crafting their Go-To-Market (GTM) strategies and accessing valuable resources.

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This collaboration marks a significant milestone for LAB32, solidifying its position as India's longest-running market readiness programme. The programme boasts an impressive track record, empowering over 300 startups and facilitating over $410 million in funding.

More than 230 applications poured in, but only 12 startups earned a coveted spot in this cohort. Through multiple rounds of evaluation, these high-potential ventures showcased their technical prowess and strong business sense. The final selected startups include Deeploop, Gudlyf Mobility, LIVNSENSE, SwitchOn, CRION Technologies, AIOTEL, Eugenie.ai, Xeeed.io, Indika AI, Atomstate, GenZ Technologies, and Vitra.ai.

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Mahankali Srinivas Rao (MSR), CEO, T-Hub said, “At T-Hub, we are deeply committed to fostering innovation and empowering startups to thrive in the competitive landscape. The launch of LAB32 in collaboration with Hexagon underscores our dedication to providing startups with unparalleled opportunities for growth and success. Through our robust innovation ecosystem, we aim to equip startups at the MVP stage with the essential tools and resources they need to achieve Product-Market Fit and excel in their Go-to-Market strategies.”

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Hexagon President and CEO Paolo Guglielmini, expressing his enthusiasm for collaborating with these pioneering startups, said, "We are thrilled to join these incredible entrepreneurs who are shaping the future with their impactful innovations. Together, we can transform data into real-world impact and tackle the world's biggest challenges."

Navaneet Mishra, Senior vice president of Hexagon's R&D Centre India, emphasized the value of open innovation. "We look forward to working closely with these startups, mentoring them and enabling them to develop and scale solutions using Hexagon's cutting-edge platforms and technologies. We are also excited to learn from these outstanding teams as they help us bring new solutions to our global customers," he said.

With this powerful partnership and a focus on cutting-edge technologies, the new LAB32 cohort is poised to drive significant advancements in the AI and VR landscape.

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