SUMMARY
The programme aims to support startups focused on finding solutions for social challenges
The programme received over 140 applications
The selected startups include Signzy, Ftcash etc
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In collaboration with Facebook, Hyderabad state-backed T-Hub has shortlisted 10 artificial intelligence startups for the second edition of their India Innovation Accelerator programme.
The programme aims to support the growth of startups focused on finding solutions for social challenges using Artificial Intelligence (AI) in areas of good health and wellbeing, agriculture, clean water and sanitation, decent work and economic opportunity, industry, innovation & infrastructure, climate change, and peace and justice & strong institutions.
The final cohort of 10 AI startups has now been selected from over 140 applications received from across India. The participants were reviewed based on quality of technology-based solutions, product/solution market readiness and social impact among other relevant parameters.
Manish Chopra, head and director of partnerships, Facebook India, said, “At Facebook, we believe Artificial Intelligence will be key to finding disruptive solutions to address societal challenges like access, affordability, and skill shortage. We are excited to champion the next generation of tech startups applying AI for social good and accelerate their development by giving them access to expertise.”
Here are the selected 10 startups:
The benefits for the selected startups include:
- a panel of mentors, industry experts, investors, will provide hands on operational support
- mentoring with specialised trainings on product development, marketing, partnerships, management
- Facebook’s FBStart will also be available to the selected startups under the aegis of the program
- provide access to technical support, ad credits and credits for tools and services from dozens of premier partners
- provide access to T-Hub’s ecosystem and PwC India’s industry experts to scale their businesses
Ravi Narayan, CEO, T-Hub, said, “Startups that are focused on solving social challenges need all the help they can get in terms of great technical support, market access, and industry connects. The India Innovation Accelerator program by Facebook in partnership with T-Hub, offers such support to the best startups in this space that are using AI. I commend Facebook for this pioneering effort.”
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