Uber Selects 10 Indian Startups for its UberEXCHANGE Programme

Global ride sharing firm Uber, has announced the finalists of its UberEXCHANGE programme, at the Global Entrepreneurship Summit in Hyderabad.

As part of this programme, 10 startups have won an all-expenses-paid trip to San Francisco, where they will visit Uber’s headquarters to meet the executive leadership team and be introduced to potential investors.

The finalists have been chosen through a rigorous selection process anchored by T-Hub, India's biggest and Telangana's flagship startup incubator and accelerator.

Among the winning startups, five startups are based in Hyderabad - Anytimeloan, Docturnal, Imaginate, Gayam MotorWorks and Carengrow. The other five startups are Preva systems, Algosurg, JioVio Healthcare, Gray Routes and eKincare.

"We launched this program in partnership with T-hub last year to support the Prime Minister’s Startup India vision. Since then, we have had the opportunity to mentor over 150 startups and be a part of their entrepreneurial journey. We thank the Government of Telangana and T-Hub for their continued support in helping us bring this initiative to life,' Amit Jain, President, Uber India & SA said.

UberEXCHANGE was launched in 2016 as part of Uber’s mission to create a startup ecosystem in partnership with Invest India. Since then, over 150 startups have been mentored by Uber’s senior leadership team.

Srinivas Kollipara, COO, T-Hub said, “We aim to create opportunities for the startups in India to benefit from the global ecosystem through exchange of knowledge, access to mentors and investors. Through UberEXCHANGE, several startups in India have benefitted from hands-on mentorship sessions by Uber’s global leadership team. We are looking forward to continuing this partnership to provide a platform that will help many more Indian startups succeed in their entrepreneurial journey.”

“T-Hub will continue to guide the startups and Uber is an exceptional partner who can really take them places. I hope the startups do extremely well going forward," said KT Ramarao, IT Minister, Government of Telangana.

"It gives me immense pleasure when Carengrow's work gets recognised at an international platform. At this crucial juncture, where every bit of support in the form of mentoring for strategy, further funding and visibility is very necessary for us, we are happy this win came," Meghana Kambham, founder of"We launched this program in partnership with T-hub last year to support the Prime Minister’s Startup India vision. Since then, we have had the opportunity to mentor over 150 startups and be a part of their entrepreneurial journey. We thank the Government of Telangana and T-Hub for their continued support in helping us bring this initiative to life,' Amit Jain, President, Uber India & SA said.

UberEXCHANGE was launched in 2016 as part of Uber’s mission to create a startup ecosystem in partnership with Invest India. Since then, over 150 startups have been mentored by Uber’s senior leadership team.

Srinivas Kollipara, COO, T-Hub said, “We aim to create opportunities for the startups in India to benefit from the global ecosystem through exchange of knowledge, access to mentors and investors. Through UberEXCHANGE, several startups in India have benefitted from hands-on mentorship sessions by Uber’s global leadership team. We are looking forward to continuing this partnership to provide a platform that will help many more Indian startups succeed in their entrepreneurial journey.”

“T-Hub will continue to guide the startups and Uber is an exceptional partner who can really take them places. I hope the startups do extremely well going forward," said KT Ramarao, IT Minister, Government of Telangana.

"It gives me immense pleasure when Carengrow's work gets recognised at an international platform. At this crucial juncture, where every bit of support in the form of mentoring for strategy, further funding and visibility is very necessary for us, we are happy this win came," Meghana Kambham, founder of CarenGrow said.

Uber Signs MoU with T-Hub Hyderabd; To Mentor Startups with Social Impact

On Tuesday, American cab hailing giant Uber and India's largest tech startup incubator T-hub inked a pact for UberEXCHANGE programme under which 20 startups will be selected initially and 10 will be taken to Silicon Valley for further mentoring.

The San Francisco-headquartered company started an exchange programme for start-ups in India in June this year, where Uber has entered into a partnership with Invest India to provide mentorship for Indian entrepreneurs. Invest India is a flagship scheme of the Narendra Modi government.

The MoU was signed by the officials by Uber and T-Hub in the presence of Eric Alexander, Head-Business, Uber Asia.

As part of 'UberEXCHANGE', global leaders at Uber will be conducting six separate mentorship sessions with select Indian start-ups across different categories over the year.

This public-private initiative will enable students, entrepreneurs and industry leaders to learn from each other–helping to create a culture that celebrates risks taking and views failure as an opportunity to learn.

Uber also conducted an intensive mentorship session for social impact start-ups. Eric spearheaded the session conducted as part of 'UberEXCHANGE'.

The session saw participation from promising social impact start-ups which received guidance on critical issues of funding, marketing, operations, finance and technology.

"One of the most important things for entrepreneurs is to surround themselves with experienced mentors who understand what they are going through and who can provide the right guidance and support," Eric said.

"I have been lucky enough in my life to have great mentors who I have learned so much from, and now as a mentor at 'UberEXCHANGE', I am excited to pay it forward, especially in an environment like India, which has the third largest start-up ecosystem in the world," he added.

Uber Launches 'Exchange' To Fly 10 Indian Startups To San Francisco HQ

[caption id="attachment_103018" align="aligncenter" width="700"] Uber CEO, Travis Kalanick, with the PM Narendra Modi to discuss the future of urban mobility in India[/caption]

US-based cab hailing company Uber has announced its partnership with Invest India, an initiative under the Department of Industrial Policy & Promotion (DIPP). The partnership will provide mentorship for Indian entrepreneurs in the execution of their startup ideas.

"This public-private initiative will enable students, entrepreneurs and industry leaders to learn from each other," said the company in a release. Uber said it will also support the PM Modi’s vision to make India a global start-up hub.

Notably, Travis Kalanick, co-founder and CEO of Uber, is among the startup leaders who will be attending government's 'Start-up India' policy launch event on 16 January in New Delhi (more here).

Under its partnership with 'Invest India', Uber has decided to host a series of six leadership talks by senior company executives over the next one year. "Each session will address a different challenge that entrepreneurs face when founding their own company. For example, fundraising, product design, engineering and how to scale a business," the company said. At the end of the programme, the company intends to fly 10 startups to its headquarters in San Francisco, where the company will introduce them to global investors, fellow entrepreneurs and the team at Uber.

Startups in India can sign up for 'Uber Exchange' by sending an email to investindia@uber.com.

Uber Launches 'Exchange' To Fly 10 Indian Startups To San Francisco HQ

[caption id="attachment_103018" align="aligncenter" width="700"] Uber CEO, Travis Kalanick, with the PM Narendra Modi to discuss the future of urban mobility in India[/caption]

US-based cab hailing company Uber has announced its partnership with Invest India, an initiative under the Department of Industrial Policy & Promotion (DIPP). The partnership will provide mentorship for Indian entrepreneurs in the execution of their startup ideas.

"This public-private initiative will enable students, entrepreneurs and industry leaders to learn from each other," said the company in a release. Uber said it will also support the PM Modi’s vision to make India a global start-up hub.

Notably, Travis Kalanick, co-founder and CEO of Uber, is among the startup leaders who will be attending government's 'Start-up India' policy launch event on 16 January in New Delhi (more here).

Under its partnership with 'Invest India', Uber has decided to host a series of six leadership talks by senior company executives over the next one year. "Each session will address a different challenge that entrepreneurs face when founding their own company. For example, fundraising, product design, engineering and how to scale a business," the company said. At the end of the programme, the company intends to fly 10 startups to its headquarters in San Francisco, where the company will introduce them to global investors, fellow entrepreneurs and the team at Uber.

Startups in India can sign up for 'Uber Exchange' by sending an email to investindia@uber.com.