T-Hub makes space for foreign companies

HYDERABAD: Telangana government backed incubator T-Hub is attracting overseas startups to the city as it attempts to regain its position as an attractive startup spot. Three early stage startups are setting up operations in Hyderabad, with many more in pipeline.

Market, talent and government incentives are the driving factors for these startups to set up shop in Hyderabad, according to investor Sateesh Andra from Endiya Partners, an early-stage VC firm in the city PEAT, a German based agricultural tech startup, plans to set up a team in Hyderabad and incorporate their company since they want to provide their product to the farmers in India.

While Accel Health, a health technology startup from the US is a company that is looking to incorporate their operations in Hyderabad, CoFounder.AI is an earlystage artificial intelligence startup from Toronto, Canada, whose founder has already filed papers for incorporation in the city.