T-Hub, Renault Nissan Technology, RNTBCI grant Rs 1 Million to 4 startups

HYDERABAD: T-Hub 2.0 on Monday announced the results of its program with Renault Nissan Technology and Business Centre India (RNTBCI), a global technical and development centre for the Open Innovation Challenge and said four start-ups - Imaginate, mSense, MayaMD and RACEnergy - were awarded a Rs 1 million grant each for their winning solutions to develop their Proof of Concepts (PoCs).

RNTBCI networked with some of the most innovative automotive start-ups scouted by T-Hub for the Open Innovation Challenge. In addition, the winning start-ups also received an opportunity to pitch to RNTBCI leadership and gain access to their global mentorship network.

Earlier this year, T-Hub 2.0, Renault Nissan Technology and Business Centre India (RNTBCI) partnered for the Open Innovation Challenge to strengthen the global automotive ecosystem and support Indian start-ups.

In order to further strengthen the relationships between corporations and start-ups, T-Hub would host the biggest platform ever in India, the 'Corporate Innovation Conclave,' on October 20.