T-Hub Partners with Beyond4 to Boost India-Malaysia Startup Ecosystem and Global Growth

India, 26th Aug 2023 – T-Hub, India’s leading startup incubator, has today signed Memorandum of Agreement (MOA) with Beyond4, Malaysia’s premier accelerator ecosystem witness by the Investment, Trade and Industry Minister of Malaysia, Datuk Seri Tengku Zafrul Abdul Aziz. The partnership aims to foster cross-border innovation and market access between India and Malaysia, creating a robust framework to support startups from both nations. The memorandum of agreement (MOA) follows the recent state visit of Malaysian Prime Minister HE Dato’ Seri Anwar Ibrahim, who announced a strengthened cooperation between the startup ecosystems of India and Malaysia under the India-Malaysia Startup Alliance.

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The partnership will drive growth in key sectors including fintech, healthtech, agritech, sustainability, and smart cities. As part of this agreement, T-Hub will utilize its extensive network and sectoral expertise to assist Malaysian businesses in entering the Indian market, while providing global growth opportunities for Indian startups. Additionally, T-Hub will offer corporate innovation programs that connect Malaysian corporates with Indian startups, enabling the co-creation of innovative solutions and showcasing their expertise.

Furthermore, the India Market Access Program will support Malaysian startups through localization, mentorship, product assessment, and proof-of-concept facilitation. Similarly, the Malaysia Market Access initiative will help Indian startups forge connections with Malaysian investors, partners, and government entities. The collaboration also includes a strong focus on investor support, with T-Hub and Beyond4 providing access to a broad network of angel investors, venture capitalists, and strategic partners. They will offer investment readiness workshops, exclusive pitch sessions, and invitations to demo days and investment sessions for stakeholders from both countries.

Key dignitaries present at the signing included-YB SENATOR TENGKU DATUK SERI UTAMA ZAFRUL TENGKU ABDUL AZIZ, Malaysia’s Minister of Investment, Trade & Industry, Mahankali Srinivas Rao, Chief Executive Officer (CEO) T-Hub, S T Rubaneswaran, Chief Executive Officer (CEO), Beyond4 Malaysia among others.

Mahankali Srinivas Rao (MSR), CEO, T-Hub said, “Our partnership with Beyond4 marks a transformative moment for startups in both India and Malaysia. By synergizing our ecosystems, we are creating a powerful platform that enables startups to scale globally and innovate at the highest levels. Together, we aim to drive disruptive innovations and set new benchmarks for international collaboration, ultimately shaping the future of global entrepreneurship.”

S T Rubaneswaran (STR) CEO, Beyond4 said, “The partnership between T-Hub and Beyond4 marks a pivotal step toward creating a global innovation ecosystem, driving growth, and fostering collaboration between these two dynamic regions. Our goal of facilitating regional funds underscores the transformative potential of this alliance, as we work together to support and elevate startups across these dynamic markets.”

A significant aspect of this partnership is the emphasis on knowledge exchange through mentorship initiatives and knowledge-sharing platforms, aimed at fostering a conducive ecosystem for startups in both regions. This collaboration is set to promote innovation and the development of cutting-edge technologies in sectors of mutual interest.

Moreover, Beyond4 has partnered with True Vine Capital Pte Ltd, a venture capital fund manager based in Singapore, to raise USD 20 million. This fund will be invested in startups from Beyond4’s accelerator programs and cover markets including India, Malaysia, Singapore, and Hong Kong.

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