Times Internet Limited (TIL) launches T-Labs, a unique incubation & development programme designed to nurture and support the ideas and projects of budding Internet & mobile entrepreneurs.T-Labs will work with the startups and provide them support at each and every step.
It will not only help them in defining and detailing their concept into a business plan, but will also help in implementing of the idea and refining the product by leveraging its vast infrastructure, user base and experience.
Commenting on the launch, said Rishi Khiani, CEO, TIL “We are providing a much-needed platform to the aspiring entrepreneurs to shape their ideas into sustainable business models.
“We have always believed that entrepreneurship will script the next big Indian growth story, and T Labs is a major step towards giving a concrete shape to the startup ecosystem of the country. Our mentorship and quality leadership would ensure that the products of these budding entrepreneurs would compete with the very best in internet and mobile industry” He added.
Gautam Sinha, Director Technology, TIL said, “Key words behind the initiative are - Innovation, Incubation & Investment. We truly believe if there is an innovative Idea which has potential, then it should be nourished at the right time so that it can reach its potential. Also early stage businesses require more than just money to succeed. They require close mentoring and inputs on strategy as well as execution”.