Uber Collaborates with T-Hub

Uber has signed a MoU with Hyderabad State government-backed startup incubator T-Hub to offer the uberEXCHANGE program with a focus to create thousands of jobs and entrepreneurship opportunities, foster technical innovation and research into smart city initiatives and a commitment to make significant investments. Under the initiative, 20 startups will be selected initially and 10 will be taken to Silicon Valley for further mentoring. The MoU was signed by the officials by Uber and T-Hub in the presence of Eric Alexander, Head-Business, Uber Asia.

Over the next 12 months, uberEXCHANGE executives will conduct 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. It will also support the Prime Minister’s vision to make India a global startup hub.