T-Hub partners with Urbanco to advance smart cities in the Maldives
SMART CITIES

T-Hub partners with Urbanco to advance smart cities in the Maldives

T-Hub, a major player in the start-up ecosystem, has recently entered into a partnership with Urbanco, an urban development corporation based in the Maldives. The primary objective of this collaboration is to foster innovation and contribute to the advancement of smart and sustainable cities within the archipelagic nation.

According to Mahankali Srinivas Rao, the CEO of T-Hub, the aim is to provide support for Urbanco's plan of transforming Maldivian cities into intelligent and sustainable urban centers. Leveraging its extensive network of start-ups and expertise, T-Hub will work towards customising and implementing innovative solutions that align with the unique ecosystem of the Maldives.

In a statement, Rao highlighted the crucial role that T-Hub's start-up ecosystem and innovation expertise will play in turning Urbanco's vision into reality. The focus areas for scouting potential solutions include smart infrastructure, smart parking, smart city solutions, and sustainable waste management solutions.

Over the next 60 days, the collaboration will follow a structured plan. This plan entails analysing Urbanco's roadmap for making Hulhumalè a smart and sustainable city, identifying shared objectives, and exploring potential solutions. Through this concerted effort, T-Hub and Urbanco aim to make significant progress in realising their joint vision of a smart and sustainable future for the Maldives.

T-Hub, a major player in the start-up ecosystem, has recently entered into a partnership with Urbanco, an urban development corporation based in the Maldives. The primary objective of this collaboration is to foster innovation and contribute to the advancement of smart and sustainable cities within the archipelagic nation. According to Mahankali Srinivas Rao, the CEO of T-Hub, the aim is to provide support for Urbanco's plan of transforming Maldivian cities into intelligent and sustainable urban centers. Leveraging its extensive network of start-ups and expertise, T-Hub will work towards customising and implementing innovative solutions that align with the unique ecosystem of the Maldives. In a statement, Rao highlighted the crucial role that T-Hub's start-up ecosystem and innovation expertise will play in turning Urbanco's vision into reality. The focus areas for scouting potential solutions include smart infrastructure, smart parking, smart city solutions, and sustainable waste management solutions. Over the next 60 days, the collaboration will follow a structured plan. This plan entails analysing Urbanco's roadmap for making Hulhumalè a smart and sustainable city, identifying shared objectives, and exploring potential solutions. Through this concerted effort, T-Hub and Urbanco aim to make significant progress in realising their joint vision of a smart and sustainable future for the Maldives.

Next Story
Infrastructure Urban

Macrotech acquires Bain Capital's stake in 3 entities for Rs 3 Bn

Realty firm Macrotech Developers has acquired Bain Capital's stake in three industrial and logistics park entities for Rs 3.07 billion as part of a strategy to enhance rental income. Macrotech Developers is one of the leading real estate firms in the country. It sells properties under Lodha brand. In a regulatory filing, the company informed that it has "executed Securities Purchase Agreements (SPAs) with India Opportunities Fund SSA Scheme 1 and DSS Opportunities Investment 1 (Bain Capital) for acquisition of their interest in the digital infrastructure platform entities (Bellissimo Digital I..

Next Story
Infrastructure Urban

Tata Steel reports Rs 7.59 Bn net profit in Jul-Sep

Tata Steel reported a net profit of Rs 7.58 billion for the September 2024 quarter, helped by lower expenses. It had posted a net loss of Rs 65.11 billion in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. In a separate statement, Tata Steel CEO and MD TV Narendran said the global operating environment remained complex, with key regions facing subdued growth. Macroeconomic conditions in China continued to weigh on commodity prices, including steel. In India, steel demand continued to improve, but domestic prices were under pressure due to chea..

Next Story
Infrastructure Urban

SC to verdict on Nov 7 on plea against NCLAT

The Supreme Court is scheduled to pronounce its verdict on a plea of State Bank of India (SBI) and other creditors challenging the National Company Law Appellate Tribunal (NCLAT) decision that upheld the resolution plan of grounded air carrier Jet Airways and approved the transfer of its ownership to Jalan Kalrock Consortium (JKC). A bench of Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra will pronounce the verdict which was reserved on October 16. The NCLAT had on March 12 upheld the resolution plan of the grounded air carrier and approved the transfer of its ownersh..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000