Hyderabad: T-Hub has announced a strategic partnership with Next Bharat Ventures, Suzuki Motor Corporation’s first fund in India dedicated to fostering and empowering impactful entrepreneurs creating value for rural India. Next Bharat Ventures plans to launch a 4-month immersive Next Bharat Residency Program for early-stage entrepreneurs committed to impacting the rural and informal sectors in India. Applications are open till July 31 and the program will begin on October 14.
The inclusive application process, including WhatsApp submissions, ensures wide participation with a quick review period of two weeks. The program includes extensive mentorship sessions by industry leaders and offers equity investments ranging from Rs 1 crore to Rs 5 crore for selected startups. T-Hub’s expertise and extensive network will be instrumental in expanding the reach and impact of Next Bharat Ventures’ initiatives. Through this partnership, T-Hub will leverage its expertise and network to expand the reach and impact of Next Bharat Ventures, a press release said. The MoU was signed in the presence of Vipul Nath Jindal, Managing Director and CEO, Next Bharat Ventures, Ronit Kumar and Prathyusha Thammineni of Suzuki Motor Corporation, Sachin Ahuja of Next Bharat Ventures, Srinivasa Rao Mahankali, CEO, T-Hub, Sujeet Jagirdar and Avinash Kedari of T-Hub and Sushobhan Chatterjee, Innovation Consultant, T-Hub.
