Hyedrabad, Feb 19 (KNN) Hyderabad-based startup engine T-Hub, which is among the world’s leading startup engines powering entrepreneurship and innovation, announced the start of call for applications for the second batch of Lab32, a comprehensive incubation program, tailor-made for early-stage tech product startups.

Lab32 is designed to ensure the strategic growth of startups in India.

The programme aims to support the government’s ‘Startup India Initiative’ by directing entrepreneurship, innovation and addressing the challenges faced by startups.

The second batch of Lab32 will commence on 1 May 2019 with leading-edge solutions by startups in industries such as health-tech, fin-tech, smart mobility, sustainability, social impact, smart cities, and ed-tech, amongst others.

This comes after the success of its first batch of 70 startups, graduating in April 2019.

CEO of T-Hub, Ravi Narayan said in a statement, “The innovation ecosystem in India has to grow strategically and faster and there needs to be a constant supply of startups with trend-making innovative solutions. T-Hub’s second batch of Lab32 will focus on addressing these challenges.”

“Our experience with the first batch of the programme has been enriching, and it has played a pivotal role in our growth”, said Anjaneyulu Reddy, CEO at Evibe, in a statement. (KNN/JM)