KTR inaugurates "FoundersLab," a company aimed at fostering student entrepreneurs

Hyderabad: Telangana IT and Industries Minister KT Rama Rao inaugurated FoundersLab, a startup company dedicated to unleashing the creative potential and fostering innovation among students, with an aim of nurturing them into aspiring entrepreneurs. The inauguration took place at the Hyderabad Growth Corridor Limited office on Wednesday.FoundersLab will operate across various States in the country, collaborating with educational institutions, universities, and engineering colleges.

During the event, KTR highlighted the abundance of opportunities in the startup sector and the Telangana government's efforts in creating platforms such as T-Hub, WE Hub, T-Works, RICH, and Agri Hub to support and encourage the youth of the state. The Minister appreciated the initiative of Founders Lab, which aims to nurture students' aspirations from the early educational stages, as a significant step towards building a robust entrepreneurial ecosystem.

Congratulating FoundersLab, KTR commended the organization's mission to train and empower students to become successful entrepreneurs. Sakuntala Kasaragadda, the CEO and Founder of FoundersLab, emphasized the potential of connecting diverse fields like pharma, agriculture, management, and engineering to unearth impactful innovations for society. She stated that with the collaborative efforts of educational institutions and the government, FoundersLab will extend comprehensive support and necessary services to help students become the best entrepreneurs they can be.

The program witnessed the presence of MLAs Nannapuneni Narender, Pilot Rohith Reddy, Special Chief Secretary, Municipal Administration & Urban Development (MA&UD) Department, Aravind Kumar, and Founder Director of FoundersLab, Satya Prasad Peddapelli.