T-Hub, a startup incubator announced a strategic partnership with XDC Network, an enterprise-grade blockchain platform to accelerate the growth of Indian web3 startups by providing them with world-class blockchain technology and resources.
The partnership will drive blockchain innovation and enable Indian startups to build on XDC Network’s hybrid blockchain platform, which combines the best features of both public and private blockchains.
“Our partnership with T-Hub is a major milestone in expanding the use of blockchain technology in India. By empowering startups with XDC’s cutting-edge platform, we aim to foster innovation and support the creation of impactful blockchain-based solutions that can transform industries and create massive job opportunities for youth,” said Sonny Mohanty, Head, Venture and Ecosystem building, XDC Network.
T-Hub and XDC Network will work together to offer an incubation program that includes access to XDC’s technology, mentorship from industry experts, funding opportunities, and networking with global blockchain leaders, as per a press release. With XDC Network already listed on prominent Indian cryptocurrency exchanges such as CoinDCX, Giottus, and Unocoin, Indian developers and investors can easily access the platform.
Through this partnership, T-Hub aims to establish India as a leader in blockchain innovation, fostering the development of advanced solutions across industries such as finance, supply chain, and digital assets. The collaboration aligns with T-Hub’s mission to support startups in building disruptive technologies that can compete globally.
“Blockchain technology holds immense potential to revolutionise industries across the board. Our partnership with XDC Network will give Indian startups the tools and support they need to innovate, scale, and drive significant change. This is an exciting step forward in our efforts to create a thriving ecosystem for Web3 innovation in India,” said Mahankali Srinivas Rao, Chief Executive Officer, T-Hub.
The T-Hub and XDC Network partnership is aligned with the Government of India’s “Make in India” vision to promote homegrown innovation and establish India as a global technology hub. By equipping Indian startups with world-class blockchain solutions, this collaboration aims to create cutting-edge products and services that drive economic growth and innovation across sectors.
