Thursday, 21 November 2024

T-Hub and Medtronic partner to drive health-tech innovation in Hyderabad

Collaboration to fuel growth and entrepreneurship in India's thriving health-tech startup ecosystem

T-Hub, India's leading startup incubator, has announced its strategic partnership with Medtronic, global leader in healthcare technology. The collaboration marks a significant leap forward in fostering innovation and growth within India's dynamic health-tech startup ecosystem.

This collaboration is anchored by Medtronic Engineering & Innovation Center (MEIC) in Hyderabad, which is also Medtronic’s largest R&D centre outside of US. 

With this partnership, MEIC will foster industry collaborations and participate in events like CXO roundtables and innovation workshops to build thought leadership in health-tech R&D, thus ensuring deep immersion into the dynamic landscape of health-tech innovation. 

T-Hub’s startups will also receive invaluable mentorship, sponsorship, and expert guidance from MEIC, propelling their ventures towards success. In addition, MEIC employees will also have the opportunity to participate in tailored entrepreneurship workshops curated by T-Hub.

The health-tech sector in India has witnessed exponential growth, boasting over 8,000 startups valued at approximately $2 billion and expanding at a staggering rate of almost 40%. With the sector predicted to reach $5.5 billion by 2025, the partnership between T-Hub and Medtronic is poised to further accelerate this growth trajectory. 

Published on : 04th April, 2024