THE GREAT ENABLER
Business Today India|June 11, 2023
WITH THE WORLD'S LARGEST INNOVATION CAMPUS AT ITS DISPOSAL, T-HUB IS BEGINNING TO PLAY A PIVOTAL ROLE IN TURBOCHARGING HYDERABAD'S START-UP ECOSYSTEM
BINU PAUL
THE GREAT ENABLER

A CHANCE ENCOUNTER with a neighbour. An unexpected conversation, and off the two guys went to beat their start-up idea into shape. Once ready, Sandeep Bommireddi and Sravanth Gajula—Cofounders of AdOnMo that operates digital-out-of-home ad boards—pitched their idea to the mentors at T-Hub. But as fate would have it, their first application was shot down.

But the co-founders who had met while working for Microsoft, were not ready to give up just yet. They knew that getting into T-Hub—that was operating from a 70,000 sq. ft facility located within the International Institute of Information Technology (IIIT) Hyderabad campus back then—would prove to be a game changer for their start-up. After months of persistent efforts, the start-up was finally admitted into one of the cohorts that T-Hub 1.0 was running.

“We had to apply multiple times to get into T-Hub. It took us a good seven to eight months,” Bommireddi says, adding that the opportunities inside the hub exceeded their expectations.

Although the programmes being offered by T-Hub at the time had not evolved into the structured set of modules it offers today, the budding entrepreneurs found enough guidance that they could give live demos of their product at the investor interactions and industry connects that T-Hub organises regularly.

The big break for AdOnMo came in 2018 when a delegation from IKEA—that included Jesper Brodin, CEO of Ingka Group that operates the IKEA stores—was visiting the facility. Back then, the Swedish furniture giant was preparing to launch its first store in India, in Hyderabad, and the startup got an opportunity to showcase its products to IKEA. Within three months, AdOnMo, still in the pre-revenue stage, received an assignment to run IKEA’s marketing campaign for the launch.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY INDIAView all
"Focus on the challenge of each customer"
Business Today India

"Focus on the challenge of each customer"

SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company

time-read
1 min  |
December 08, 2024
PEDAL ON THE FUTURE
Business Today India

PEDAL ON THE FUTURE

THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY

time-read
1 min  |
December 08, 2024
BREATHE EASY
Business Today India

BREATHE EASY

Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference

time-read
2 mins  |
December 08, 2024
The Taste of India in a Glass
Business Today India

The Taste of India in a Glass

FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN

time-read
4 mins  |
December 08, 2024
LOOK BEFORE YOU LEAP
Business Today India

LOOK BEFORE YOU LEAP

IN 2025, INVESTORS WILL NEED TO FACTOR IN VOLATILITY ACROSS ASSET CLASSES

time-read
5 mins  |
December 08, 2024
MISSING ADVISORS
Business Today India

MISSING ADVISORS

INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE

time-read
7 mins  |
December 08, 2024
TURNING A CORNER
Business Today India

TURNING A CORNER

SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE

time-read
5 mins  |
December 08, 2024
REALITY CHECK
Business Today India

REALITY CHECK

INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?

time-read
6 mins  |
December 08, 2024
TRUMP'S TRADE TANGO
Business Today India

TRUMP'S TRADE TANGO

The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?

time-read
9 mins  |
December 08, 2024
"The essence of the Trump administration will be transactional”
Business Today India

"The essence of the Trump administration will be transactional”

Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more

time-read
10 mins  |
December 08, 2024