homeinformation technology NewsT Hub CEO Jay Krishnan resigns in surprise move

T-Hub CEO Jay Krishnan resigns in surprise move

T-Hub CEO Jay Krishnan resigns in surprise move
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By Nithya Balakrishnan  Aug 14, 2018 10:03:08 AM IST (Published)

Jay Krishnan, the founding CEO of tech startup incubator T-hub, has tendered his resignation and is likely to take up a job in an investment firm.

Jay Krishnan, the founding CEO of tech startup incubator T-hub, has tendered his resignation and is likely to take up a job in an investment firm.

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The board of T-Hub has accepted Krishnan's resignation and the hunt for a new head will commence soon.
The company has appointed Srinivas Kollipara, COO and co-founder at T-hub, as an interim CEO.
In 2015, Krishnan moved to Hyderabad from Silicon Valley after being appointed as the CEO of the public-private-partnership envisioned between the government of Telangana, IIIT Hyderabad, ISB, NALSAR and other private sector players.
Since T-hub's inception in November 2015, Krishnan "made outstanding contributions and was instrumental in bringing T-hub to great heights of success," the company's board said in a statement on Monday.
Krishnan's departure comes at a time when the second phase of T-Hub, coming up at Rayadurgam, is scheduled to begin operations in the next few months.
T-hub is currently India's largest tech start-up incubator. It has partnered with the likes of Uber, Cisco, Yes Bank, Niti Aayog to run accelerator programmes in Hyderabad.
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