Hyderabad, Telangana, 2nd of April 2025 : iCollab Hub Foundation (iCollab), an initiative by Raminfo, India’s first-of-its-kind B2G (Business-to-Government) revenue accelerator that helps startups navigate the maze of the public procurement landscape, launched in the city. iCollab aims to build an ecosystem that brings startups with innovative solutions, government agencies with constant need for disruptive solutions for public welfare & administration, and strategic enablers, together to benefit from opportunities in the public sector, which is the largest market in the world.
iCollab has a dedicated 25,000 sq. ft. office space that offers a collaborative environment where founders of early-stage startups can engage, learn, and scale their ventures. It leverages Raminfo Limited’s three decades of expertise, providing strategic guidance, market access and providing the right ecosystem to succeed. iCollab provides hands-on support in proposal development, policy guidance, and eligibility credentials, ensuring startups scale up their revenues through strategic partnerships, procurement readiness programs and leveraging public procurement opportunities.
The launch event was graced by Shri D Sridhar Babu Garu, Hon’ble Minister for Information Technology, Electronics & Communications, Industries & Commerce and Legal Affairs, Government of Telangana. Eminent speakers and thought leaders, including J A Chowdary (Founder, ISF, and Former Special Chief Secretary & IT Advisor to the Chief Minister of Andhra Pradesh), Aloria G. R., IAS (Retd.) (Former Chief Secretary, Government of Gujarat) and Sujit Jagirdar (CIO, T-Hub), along with other ecosystem leaders and industry icons shared their insights on fostering innovation through government collaboration.
According to Shri D Sridhar Babu, Hon’ble Minister for Information Technology, Electronics & Communications, Industries & Commerce and Legal Affairs, Government of Telangana, iCollab Hub Foundation is a significant step in driving innovation through public-private partnerships. Startups often struggle to navigate public procurement, which is a huge market requiring disruptive solutions. Initiatives like iCollab provide the right tools, expertise, and networks to thrive in this space. The Government of Telangana welcomes such initiatives and is committed to fostering such collaborations that strengthen the innovation ecosystem in the state.
Shri L. Srinath Reddy, Chairman, iCollab Hub Foundation and Managing Director, Raminfo Limited, added, “Government procurement business in India offers a $700 billion opportunity for startups, provided they can navigate the challenges and gain market access. At iCollab, our vision is to create a thriving ecosystem where startups can seamlessly integrate with government initiatives and scale their businesses. By leveraging Raminfo’s extensive experience, we are providing startups with the right mentorship, procurement readiness programs, and partnerships to achieve sustainable growth in the B2G sector. Our goal at iCollab is to help 100 startups generate ₹100 crore in revenue by 2030.”
According to Shri Bhanu Prakash Reddy Varla, Board Member, iCollab Hub Foundation & Partner & Director of Growth and Strategy, Plural Technology Pvt Ltd, “At iCollab, we believe in fostering innovation through collaboration. The future belongs to those who leverage technology to solve real-world challenges, and we are committed to empowering startups and businesses with the right ecosystem to scale and succeed.”
The event served as a catalyst for meaningful dialogue among key stakeholders, including startups, government representatives, and industry leaders, focusing on strategies for effective B2G collaborations. With iCollab at the forefront, the Indian startup ecosystem is poised for a new era of innovation, public sector engagement, and scalable growth.
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