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, 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 CarenGrow said.