A Sizzling January: Here’s what made it a great month for the innovation ecosystem

Hi,

Feels like it was just yesterday when we celebrated the start of a new year, and we are already at the close of January. Although it zipped past quickly, this month was nothing short of exciting for startups, entrepreneurs and the innovation ecosystem. From power-packed events that enabled opportunities for entrepreneurs to a lot of fund raises by startups, 2022 has indeed started on a high gear.

Innovation & Entrepreneurship

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Hyderabad startup Darwinbox becomes a Unicorn after having tripled its valuation from the latest funding round led by Lightspeed Venture Partners, Salesforce Ventures, among others.

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BlueSemi has launched

a non-invasive healthcare gadget, EVYA, that promises

a novel and easier healthcare monitoring and managing solution to people.

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Syntizen has partnered with the Odisha government to provide a Video KYC solution to help them offer instant life certificates to pensioners.

Investment & Growth

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MeitY in Partnership with T-Hub Grants more than INR 9.7 Million to 13 IoT and Hardware Startups. The grants will support the startups in accelerating their innovative solutions.

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T-Hub was selected under the Startup India Seed Fund Scheme by DPIIT, GOI to disburse INR 5 Cr among eligible startups with an objective to support early-stage funding in startups.

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Recykal, a B2B marketplace for waste, has raised $22 million to strengthen its technology, and build a hyper-local waste processing infrastructure.

Networking & Collaboration

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At ‘Confluence’, organised by

T-Hub, 80+ MVP ready startups across various sectors pitched their solutions to 48+ corporates.

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T-Hub & the E-cell of IIT Bombay, under their entrepreneurial conclave E-Summit’22, provided startups with a platform to gain insights into the startup ecosystem.

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T-Hub, in partnership with JK Tech will enable startups to accelerate in the right direction by providing the right guidance and grants.

Enablement & Empowerment

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To celebrate the spirit of

self-reliant Indian startups, 16th January has been marked as National Startup Day.

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Virtual stalls of T-Hub startups were set up at the Startup India Innovation Week organised by DPIIT.

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Access Livelihoods Foundation has won the National Startup Award 2021 under the Incubator category, held by Startup India.