T-Hub rolls out next batch of accelerator for startups
The Hindu
Under T-Angel, qualified startups stand to get upto Rs.50 lakh from angel investors.
Tech startup incubator T-Hub is inviting applications from startups for the second batch of acceleration programme T-Angel. Around 15-20 tech startups are to be shortlisted for the 45-day programme that will commence in July. They will be shortlisted after an extensive screening process by a committee of investors and mentors. Startups from across India can apply. Applications will close on June 30. The acceleration programme will focus on understanding and resolving two key constraints or pain points of a startup’s business operations hindering their prospects of raising capital. T-Angel will be supported by angel investors who will collectively invest upto ₹50 lakh, in three tranches, in each of the qualified startups, a release from T-Hub said.The election authorities are gearing up for the counting of votes cast in the simultaneous elections to Lok Sabha and Assembly seats in Andhra Pradesh, scheduled to be held on June 4. The Collectors and Election Officers of Visakhapatnam, Anakapalli and Alluri Sitharama Raju (ASR) districts said on May 23 (Thursday) that their teams were ready for the counting of votes.
Responding to the prolonged water scarcity, the residents of the area took to the streets in protest on Wednesday. The protest, which drew attention to their plight, stopped only after the intervention of the police. It was not until 1.30 p.m. that a 4000-litre tanker was finally delivered by BWSSB, providing relief to the water-starved residents.