Cross border startup ecosystem is the new buzz and T-Hub, India’s premier startup incubator, has partnered with Beyond4, Malaysia’s leading accelerator. The collaboration is strategic and believed to strengthen innovation and create opportunities for startups in the two countries.
The partnership is basically aimed to drive growth in fintech, healthtech, agritech and more such key sectors. It is to enable the startups to benefit from shared expertise and increased opportunities.
Malaysian startups are to have better access to the vast Indian market by using extensive network of T-Hub. Simultaneously, Indian startups will gain opportunities for global expansion including Malaysia. The mutually beneficial arrangement is expected to enhance market access and drive innovation across both nations as well.
The partnership is mainly focused on innovation and comprehensive support for startups. T-Hub and Beyond4 aims to connect startups with the right investors, partners and government entities. The approach is to ensure surviving and thriving of startups in the competitive markets. The collaboration is backed by a substantial USD 20 million venture fund to support the startups across India, Malaysia, Singapore and Hong Kong.
T-Hub CEO Mahankali Srinivas Rao said that the partnership is a transformative moment for the startups and is expected to drive innovations to reshape industries. It is to provide a unique opportunity for the startups to be at the forefront of the change and simultaneously leverage cross-border support as well.
Beyond4 CEO S T Rubaneswaran said that the alliance is to create a global innovation ecosystem and benefit individual startups. It is to create a robust network that strengthens growth, encourages knowledge sharing as well as drives economic development in the region.
