As India Witnesses Seven-Fold Increase In Incubators, T9L Qube Partners With Sumedha Fiscal Services To Strengthen Indian Startup Ecosystem

In recent years, India has rapidly established itself as the third-largest ecosystem for startups globally, showcasing remarkable growth. The country has experienced a staggering 15-fold increase in startup funding, a nine-fold rise in the number of investors, and a seven-fold surge in incubators. This exponential growth highlights India's status as a key player in the global startup landscape. To further strengthen the startup ecosystem of the country, T9L Qube has partnered with a publicly listed financial services company, Sumedha Fiscal. 

This strategic partnership follows the participation of Virender Sehwag and several other prominent lawyers, private equity partners, and industry leaders. After rigorous evaluation and negotiation, this group of experienced individuals has been onboarded as advisors and/or partners at T9L Qube, where they play a crucial role in identifying and partnering with high-growth potential startups, leveraging T9L Qube's incubation services.

Founder of T9L Qube,  Fahad Moti Khan said, "This collaboration promises to be impactful and pivotal in driving innovation and nurturing the next generation of entrepreneurial achievements. We are excited about the opportunity to work closely together, combining our strengths and resources to create a partnership that leads to remarkable outcomes.” 

T9L employs a playbook-based approach to generating, validating, building, and launching growing startup ideas into the market. The studio concept, which is relatively new in India, is based on the idea that, through appropriate intervention, the majority of the reasons for startup failures can be mitigated. Drawn by the hands-on approach and proven track record of T9L Qube, Sumedha Fiscal hopes to take advantage of the entrepreneurial and technological boom that is happening in India. Sumedha Fiscal along with T9L Qube aims to drive the next generation of successful Indian startups adding to the country's dynamic growth story.

"We're thrilled to be partnering with T9L Qube ecosystem, a powerhouse behind the success of numerous high-impact startups. Although we generally take a conservative and more traditional approach in our collaborations and partnerships with other entities, we recognize India's unique opportunity, especially in the Startup landscape. Partnering with T9L acts as a conduit for us to invest directly in the future of India's entrepreneurial boom. We are impressed by several of their portfolio companies, that they have recently engaged with" said BS Rathi, Director at Sumedha Fiscal Services.