AIC T-Hub Launches Lab2Market Program for 23 Startups

By By Rediff Money Desk, New Delhi
Sep 09, 2024 16:32
AIC T-Hub's Lab2Market program selects 23 startups across sustainability, mobility, healthcare, fintech, and more to transform research into market-ready innovations.
New Delhi, Sep 9 (PTI) Startup incubator T-Hub on Monday announced the launch of AIC T-Hub Lab2Market program, which aims to transform groundbreaking research into market-ready innovations.

Of 200 applicants, 23 startups have been chosen for the first cohort of the programme, according to a release.

The programme offers a pathway for researchers and innovators to translate their ideas into commercial successes by focusing on two key objectives, that of developing Minimum Viable Products (MVPs) and converting them into scalable startups.

"Startups participating in the Lab2Market program will receive comprehensive, tailored support. This includes interactive group learning sessions focused on product development, market strategies, and business model refinement," the release said, announcing the launch of the AIC T-Hub Lab2Market program.

Each startup will benefit from personalised mentoring by industry experts, offering strategic guidance and addressing specific commercialisation challenges.

"The programme also features market access events where startups can showcase their advancements and connect with potential investors and partners. Additionally, participants will receive hands-on assistance to navigate commercialisation hurdles, culminating in a final demo day to highlight and celebrate their achievements," it said.

According to the release, 23 startups have been chosen for the first cohort of the programme, based on their innovative solutions, well-defined commercialisation pathways, and potential for significant market impact.

"The cohort represents a diverse range of sectors, including sustainability, mobility, healthcare, fintech, agriculture and more," the release explained.

Selected startups include Declutter Solutions, ASMI Innovations, Bharat Plastipay, The Hydrogen Ecosystem, Abe Bikes, SmartKosh, Glassmart, Win Health, RhythmX, Cardiac Rehab and Transcript Life Sciences.

Others who have made the cut include NeoSurgix, Token-Disc, Blocks, Robic Rufarm, Bhaumya, Taejoon, Zentrix, Achintya Products, Farm Nutra/ Bliss Body, Rapturous Mind, Emiant and Uhenergy Teratech Solutions.

T-Hub CEO, Mahankali Srinivas Rao said that the Lab2Market program is designed to accelerate innovation across a variety of sectors, including sustainability, mobility, healthcare, and nutraceuticals, among others.

"By supporting startups from diverse fields, we aim to drive significant growth for participants - helping them achieve commercialisation, refine business models, and expand their market presence both domestically and internationally. This programme will help startups catalyse transformation and evolve into established market players," Rao added.
Source: PTI
Read More On:
agricultureinvestmenthealthcaresustainabilityfintechinnovationmobilityresearchmentorshipmarket accesscommercializationaic t-hublab2marketstartup incubatorstartup programminimum viable product (mvp)scalable startups
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Gujarat's Renewable Energy Capacity: 15% of...

Gujarat boasts 32,924 MW of installed renewable energy capacity, accounting for 15% of...

India Strengthens Intellectual Property...

India's trademark filings are the sixth largest globally. Commerce Minister Piyush...

Meesho Cuts Losses, Revenue Up 33% in FY24

Meesho reports a significant reduction in losses to Rs 53 crore and a 33% revenue...

Punjab CM Urges Expedited Foodgrain Movement...

Punjab CM Bhagwant Mann met Union Minister Prahlad Joshi to discuss the need for...

UPI Outage Disrupts Digital Payments in India

A widespread UPI outage impacted digital transactions in India on Wednesday, causing...

Cybersecurity: IRDAI Mandates Forensic Experts...

IRDAI directs insurers to empanel forensic auditors in advance to handle cyber...

Punjab Budget: Rs 60 Crore for Paddy...

Punjab Finance Minister Harpal Singh Cheema announced a Rs 60 crore subsidy for...

DGCA Agrees to Airfare Data Sharing: Analysis &...

DGCA will receive aggregated airfare data from Indian airlines to analyze trends. This...

Indian Investors Confident on Daily Needs, AI...

A global survey reveals Indian investors are confident about meeting daily financial...

NHIT Raises Rs 18,380 Crore via Asset Monetization

National Highways Infra Trust (NHIT) raises Rs 18,380 crore through asset monetization...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com