Overview
- The Telangana government announced a Rs 1,000 crore startup fund of funds, with specifics on launch, governance and eligibility yet to be detailed.
- A Google for Startups hub opened inside T-Hub in Hyderabad, described as the first Google-branded startup hub in India.
- Google said the hub will offer free year-long dedicated coworking seats for selected AI-first startups and access to a curated set of venture investors.
- Chief Minister A. Revanth Reddy urged founders to tap the new support to build billion-dollar companies from Hyderabad.
- The initiative was framed as part of targets for a $1 trillion state economy by 2034 and $3 trillion by 2047 under the Telangana Rising 2047 program.