T-Hub, the innovation ecosystem in India, has declared a significant alliance with Urbanco; the primary urban development corporation in the Maldives. This partnership endeavors to cultivate innovation. It will make substantial contributions to the progress of intelligent and sustainable cities in the Maldives.
This alliance intends to sustain Urbanco’s vision of transforming Maldivian cities into smart and sustainable urban centers. T-Hub will leverage its extensive network of startups and expertise to customize and deploy ingenious solutions that align with the unique ecosystem of the Maldives.
The partnership aims to establish an innovation bridge between Urbanco and T-Hub, enhancing India-Maldives' international relations. Likewise, It also seeks to enable the exchange of technology and innovation between India and Hulhumalè; promoting collaboration and knowledge sharing between the two nations.
“We are excited to partner with Urbanco in their endeavor to create smart and sustainable cities in the Maldives,” said Mahankali Srinivas Rao (MSR), CEO of T-Hub. “T-Hub’s vibrant startup ecosystem and deep expertise in innovation will play a pivotal role in transforming Urbanco’s vision into reality. Furthermore, We look forward to co-create cutting-edge solutions and driving the growth of the innovation ecosystem in Hulhumalè.”
Through this partnership, T-Hub will actively scout for solutions in key areas such as smart infrastructure, smart parking, smart city solutions, and sustainable waste management solutions. Consequently, Urbanco will collaborate in developing and implementing these solutions to transform Hulhumalè into a model smart city.
“We believe that this partnership with T-Hub will accelerate the development of smart and sustainable cities in the Maldives,” said Ahmed Athif, Managing Director, Urbanco. “T-Hub’s extensive network and expertise in the startup ecosystem will provide us with the necessary resources and innovative solutions to transform our cities. We look forward to a fruitful collaboration and a brighter future for Hulhumalè.”
As part of the support offered by T-Hub, Urbanco will benefit from a range of resources and opportunities. It includes connections with T-Hub startups specializing in cyber security, data security, Prop Tech, smart city solutions, deep tech (AI/ML/Telecom technologies for Urbanco’s data center), and sustainability (recycling, waste to wealth solutions, waste management solutions). Additionally, Urbanco will have the opportunity to visit T-Hub. Moreover, It engages with startups and other ecosystem partners in these specified sectors, gaining valuable insights and fostering alliances.
During the next 60 days, the collaboration will move forward with a well-defined plan. This plan encompasses a thorough examination of Urbanco's strategy to transform Hulhumalè into a smart and sustainable city. Subsequently, it involves identifying shared objectives and exploring potential solutions. The partnership will conclude with the delivery of tangible results; concluding actions, and an assessment of the impact to gauge the effectiveness of the collaboration.