T-Hub and Boeing had select three Indian startups for the Boeing HorizonX India Innovation Challenge. The startups had showcased their disruptive business ideas at the ‘Demo Day’, held at Boeing’s India Engineering & Technology Center (BIETC).
Three Indian startups Merxius, HUVIAiR and ZestIoT joined three teams from BIETC to present to a gathering of prospective investors, customers, along with government stakeholders.
The Demo Day marks the culmination of a three-month accelerator programme launched in collaboration with T-Hub, a global startup catalyst that powers entrepreneurship. Following a stringent evaluation process, six teams from a competing pool of more than 100 ideas and applications, have won the opportunity to join the cohort.
“Never before have corporates and startups collaborated as much as they do now. T- Hub is a key cog that enables this and Boeing has been an instrumental partner of ours that embraces that philosophy. The collaborative ecosystem of corporates and startups like the one T-Hub is driving in the country will become a common trend in a few years. Boeing brings a strong legacy of technological breakthroughs and we are immensely pleased to collaborate with them in exploring the right startup talent to support its innovation goals,” T-Hub, CEO, Jay Krishnan said in a statement.
Boeing will continue to assist and collaborate with the three startups to help the startups take their idea to the market.
The ideas presented by the three external finalists range from various domains like Extended Reality (XR), along with the Internet of Things (IoT).
Merxius, India’s leading augmented reality and virtual reality company, develops a product that facilitates the creation of XR environments to save costs and reduce training time in aerospace manufacturing.
HUVIAiR uses drones to provide data-based solutions for construction, infrastructure, smart cities, renewable energy sectors.
ZestIoT uses IoT and AI enabled aviation platform to integrate passenger, baggage, aircraft, ground, and airport operations.