The Hatch announces plans to launch 25,000 sq. ft. Incubation center in Gurgaon
India, December 20, 2012: The Hatch, India’s largest incubator and accelerator for startups has broadened its horizon and announced plans of a new 25,000 sq. ft. incubation center in Gurgaon.
The Hatch started its operations in March 2012 and is already India’s largest accelerator and incubator today. The Hatch focuses on concept stage entrepreneurs and helps them convert raw ideas into strong businesses. Within a year of its operations, The Hatch already has 20 portfolio companies and over 100+ mentors.
Puneet Vatsayan, Co-founder & Chairman, The Hatch, Said, “We are extremely pleased about our upcoming facility in Gurgaon; the new facility will allow us to have a presence in the Gurgaon & NCR region which is a growing hub for high-potential entrepreneurs with global aspiration. This upcoming facility will build upon our existing operations of a virtual incubation program, domain specific incubator in cognitive sciences, extensive learning center and an existing 25,000 sq ft incubator in Chandigarh. The upcoming Hatch center will act as a catalyst to the early stage entrepreneurial ecosystem in the region. We intend to be the default destination for assistance and awareness for all startups.”
“The Hatch center in Gurgaon has the facility to accommodate over 50 startups a year and will have common facilities like meeting rooms, conference rooms, board rooms, reception, lounge, cafeteria, etc. In addition, the Hatch Center in Gurgaon will also provide the lounge and meeting rooms to the Hatch partners visiting NCR region from across the world. These will include entrepreneurs, mentors, investors, accelerators and other incubators as well. The Hatch Center will have 2 event rooms that can accommodate over 100 people each and will be used for The Hatch Institute events and also be available to other organizations that are participants in the entrepreneurial system to hold their events” said Anupama Arya, Co-founder and Managing Director.