Global Entrepreneurship Summit : Uber announces UberEXCHANGE winners

Hyderabad: Uber, the world’s largest on-demand ridesharing company, on Wednesday announced UberEXCHANGE finalists at the Global Entrepreneurship Summit (GES-2017). As a part of this program,10 startups won an-all- expense-paid trip to San Francisco, where they will visit Uber’s headquarters to meet the executive leadership team and be introduced to potential investors.

UberEXCHANGE was launched in 2016 as a 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. 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, 5 startups are based in Hyderabad - Anytimeloan, Docturnal, Imaginate, Ekincare and Carengrow.

Speaking on the occasion, Telangana IT Minister KT Rama Rao said: “Many compliments and congratulations to Uber and the startups that have been selected for the trip to San Francisco. 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.”

Amit Jain, President, Uber India USA, said: “We’re very excited to announce UberEXCHANGE finalists at the GES-2017. 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 starups 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.”