top of page
The Communiqué News

Swati Bhat

WaveX and T-Hub Collaboration Revolutionizes India's Media Technology Sector

In a groundbreaking move to enhance India's media-tech ecosystem, WaveX has teamed up with T-Hub, a premier innovation hub situated in Hyderabad. This partnership is set to empower the next wave of startups in the media technology sector, equipping them with the vital resources, mentorship, and networking opportunities they need to succeed in today's competitive market.


The media-tech industry in India is changing rapidly, spurred by technological advances and shifting consumer behaviors. Digital content consumption is on the rise, with statistics indicating that internet users in India are expected to increase to 900 million by 2025. This demand has created a pressing need for innovative solutions that can elevate user experiences. With this collaboration, WaveX and T-Hub are ready to nurture startups adept at tackling these new challenges.


The Vision Behind the Partnership


The core aim of the partnership between WaveX and T-Hub is to promote innovation and entrepreneurship within the media-tech sector. By combining WaveX's experience in startup acceleration with T-Hub's vast network and resources, these organizations intend to build a thriving ecosystem that supports aspiring entrepreneurs.


WaveX contributes a rich reservoir of knowledge in mentoring startups, including access to funding, strategic guidance, and insights into industry trends. Conversely, T-Hub acts as a springboard for innovation, connecting startups with investors, industry leaders, and potential clients. This collaborative effort is likely to create a substantial impact on India's media-tech landscape.


Key Initiatives and Support for Startups

WaveX and T-Hub have outlined a series of initiatives aimed at providing tailored support for media-tech startups. These encompass:


  1. Mentorship Programs: Startups will connect with experienced industry mentors and successful entrepreneurs who can share actionable insights and guidance. For instance, last year, T-Hub helped over 200 startups gain crucial expertise through its mentorship programs.


  2. Workshops and Training Sessions: Regular workshops will be organized to equip startups with essential skills relevant to the media-tech sector. These sessions will cover topics such as digital marketing and content creation, ensuring that startups can effectively navigate the current landscape.


  3. Networking Events: Startups can interact with potential investors and partners at curated networking events. For example, a recent event saw 150 startups engage directly with over 50 investors, emphasizing the value of building connections.


  4. Access to Funding: WaveX is dedicated to helping startups obtain the financial resources they need to grow. In the past, WaveX facilitated over $5 million in funding for various startups, showcasing its commitment to financial support.



The Impact on India's Media-Tech Ecosystem


The partnership between WaveX and T-Hub is likely to transform the media-tech ecosystem in India. By equipping startups with necessary tools and resources, this alliance seeks to encourage innovation and inspire a wave of solutions tailored to meet evolving consumer needs.

Furthermore, this partnership aligns with India's broader goal of becoming a global leader in technology and innovation. By supporting local talent and fostering a robust culture of entrepreneurship, WaveX and T-Hub are helping build a sustainable media-tech ecosystem capable of competing at international levels.


Shaping the Future of Media-Tech Startups


The collaboration between WaveX and T-Hub represents a significant turning point for India's media-tech startups. By offering essential support and resources, this partnership is set to empower a new generation of innovators who will redefine the future of media technology in India. As the sector continues to evolve, the initiatives launched by WaveX and T-Hub will be key to driving growth and nurturing a vibrant startup culture.


With their strong commitment to innovation and entrepreneurship, WaveX and T-Hub are forging a path toward a promising future for India's media-tech landscape.


About WaveX

WaveX is the dedicated startup accelerator platform launched under the Ministry of Information & Broadcasting’s WAVES initiative, aimed at nurturing innovation in the media and entertainment sectors. At the WAVES Summit held in Mumbai in May 2025, WaveX provided pitching and networking  opportunities to more than 100 promising startups, enabling direct engagement with government agencies, investors, and industry leaders. WaveX continues to support breakthrough ideas through targeted hackathons, incubation, mentorship, and integration with national platforms.

About T-Hub

T-Hub is the world’s largest startup hub supporting more than 2,000 startups through curated programs, market access, funding opportunities, and world-class infrastructure. T-Hub also serves as a prominent incubator of incubators, supporting programs like iDEX (Innovations for Defence Excellence) along with hosting and nurturing entities such as AIC (Atal Incubation Centre) and MATH (Machine Learning and Artificial Intelligence Technology Hub).

Pritish Bagdi

Pi Network Launches Open Mainnet, Pi Coin Sees Major Price Volatility

The Pi Network officially transitioned to its Open Mainnet on February 20, 2025, marking a major milestone from its closed ecosystem to full decentralization. This long-anticipated move has sent shockwaves through the cryptocurrency market, triggering sharp price fluctuations in Pi Coin.

Within hours of the launch, Pi Coin surged to a peak of $1.97, fueled by investor excitement and heightened trading activity. However, the rapid rally was short-lived as the price plunged to $0.737, reflecting the market's volatility. In a surprising rebound, Pi Coin recovered by nearly 80%, stabilizing around $1.29.

The Open Mainnet launch signifies Pi Network’s commitment to decentralization, granting users unrestricted access to peer-to-peer transactions, decentralized applications (dApps), and enhanced blockchain functionalities. This pivotal shift is expected to drive long-term growth while attracting new developers and investors.

Crypto analysts highlight the importance of market caution during such volatile phases but remain optimistic about Pi Coin’s future. As the network matures, many believe Pi could solidify its position among top-performing cryptocurrencies.

Investors are now watching closely to see how the Open Mainnet will shape Pi Network’s evolving ecosystem and its impact on global crypto markets.





A recent episode of the Unchained podcast addressed how ERC 6551 could revolutionise the crypto market by providing NFTs with their own wallets. The planned ERC 6551 token standard for NFTs has piqued the curiosity of crypto fans since it would allow digital assets to hold other tokens, a development that has the potential to radically alter the NFT and metaverse scene.


Pritish Bagdi

ERC 6551
ERC 6551

What exactly is ERC 6551?

The token standard proposal, announced in February, aims to create a system that provides a smart contract account to every ERC-721 (non-fungible token). These tokens will be able to hold assets and interact with applications without requiring any changes to existing ERC-721 smart contracts or infrastructure.

The key components of this system are a permissionless registry for deploying token-bound accounts and a standard implementation interface.

Each ERC-721 coin will be assigned a unique smart contract account, allowing it to interact with the blockchain, record transaction history, and possess on-chain assets. The owner of the ERC-721 token has control over each token-bound account, allowing them to initiate on-chain operations on behalf of their token.

The proposal aims to be as backward compatible as possible with existing non-fungible token contracts. EIP-155 chain IDs are also used to uniquely identify ERC-721 tokens, allowing for the optional support of multi-chain token-bound accounts.


What are the benefits of ERC 6551?

The ERC 6551 standard was a potential solution to past attempts to standardise NFTs owning assets, such as the requirement for custom logic in their smart contract. The ERC 6551 standard eliminates these limitations by offering NFTs the same rights as Ethereum users, allowing them to hold assets and execute actions.

While ERC 721, ERC 1155, and soul-bound tokens exist as means to own objects on Ethereum, the podcast panelists emphasised that ERC 6551 is not a token standard in the traditional sense because it offers every current ERC 721 its own wallet, unlocking a new layer of compatibility for NFTs.








bottom of page