SUMMARY
QUBE will offer incubation tailored by and for entrepreneurs, offering financial support integrated with strategic and operational guidance from experienced founders
The incubator plans to onboard 25 startups with an initial investment from several industry bodies and individuals
The incubator said in a statement that it will leverage the startup studio model to help founders work hand-in-hand with a team of experts across various verticals
T9L Startup Studio and IndiaTech, an industry body of Indian startups and investors in the tech space, have launched QUBE, an early stage incubation programme for startups.
In the first cohort, the incubator plans to onboard 25 startups with an initial investment from several industry bodies and individuals.
QUBE will offer incubation tailored by and for entrepreneurs, offering financial support integrated with strategic and operational guidance from experienced founders.
“This initiative will be significant and instrumental in shaping the course of emerging early-stage startups in their journey to becoming unicorn,” said Rameesh Kailasam, CEO of IndiaTech.
He further added that the concept of incubation is fast undergoing a disruptive change in India. Today, the incubators are redesigning their offerings to not just nurture startups but also offer services including strategic direction, mentorship, regulatory and policy guidance, human resources and access to funding.
Fahad Moti Khan, cofounder and CEO at T9L, said, “In collaboration with IndiaTech, T9L aims to utilise its proven methodologies and IndiaTech’s extensive network and insights, offering critical support to startups during their most vulnerable stages.”
The incubator said in a statement that it will leverage the startup studio model to help founders work hand-in-hand with a team of experts across product, growth, fundraising and technology. The studio concept is built around the hypothesis that with the correct intervention, most startup failures are avoidable.
The offerings of the incubator include:
- Early-Stage Cash Infusion: Ensuring founders have the necessary capital to fund the first 12-18 months of the startups’ lives
- Professional Incubation: Offering venture strategy shaping, product supervision, and comprehensive support across HR, legal aspects, investment banking, product execution, and marketing & outreach. T9L QUBE with its serial-entrepreneurs founding team claims to be working as the 3rd cofounder.
- Avoiding Startup Failure: Recognising that failures, often caused by the lack of execution, inadequate funding, or team misalignment can be avoided.
- Personalised Attention: It will offer hands-on support on crucial aspects of building a playbook ranging from storytelling to product development to growth and fundraising collaborations; allowing startups to reach the next stage in their journey predictably.
Founded in 2014 by Khan, Nitin Awasthi, Achint Sachdeva, and Arjun Maheshwari, T9L is a startup studio that claims to partner with founders and help them with the execution of ideas.
On the other hand, InidiaTech, led by Rameesh Kailasam, is an industry body that claims to have engaged with several ministries and regulators to support the tech startup in India through such incubations and mentorship.
In January, IIT Madras announced that it would incubate at least 100 startups across various sectors including sustainability, green energy, quantum and mobility, this year.
