Telangana government in partnership with Tech Mahindra has launched the T-Block Accelerator programme. It is the inaugural accelerator programme for the Telangana ‘Blockchain District’. The programme will be run by IBC Media.
Around 25 start-ups would be inducted for the accelerator programme, out of which five will be selected for the next phase of mentorship.
Further, the accelerator will be working with 250 blockchain companies aiming at accelerating start-ups with strong blockchain use-cases. It also aims to tap the low investment surge in blockchain in India.
Earlier, in 2018, Tech Mahindra had signed an agreement with the Telangana government to develop the blockchain district ecosystem.