Uber Signs MoU With Hyderabad Based T-Hub To Take Indian Startups To Silicon Valley

Hyderabad state government-backed startup incubator T-Hub has signed an MoU with Uber to leverage its expertise to shortlist the top 20 startups in India to be part of the unique UberEXCHANGE programme.

UberEXCHANGE is a global mentorship programme undertaken by Uber with a focus to advance the startup ecosystem. The MoU was signed on the sidelines of Slush Global Impact Accelerator (GIA) event for startups, currently running at T-Hub.

Commenting on the association, Srinivas Kollipara, founder & COO of T-Hub said: “In our mission to create the most advanced ecosystem in the country for startups to scale, T-Hub welcomes the global mentorship programme from Uber. Our association with Uber is one step towards becoming the gateway for a strong knowledge exchange between India and Silicon Valley that will enable startups to scale their business with the right mentorship.”

As part of this MoU, T-Hub will leverage its expertise in shortlisting 20 startups through both Uber and T-Hub’s existing network. T-Hub will invite startups across India to apply for the UberEXCHANGE programme, through an online application process.

For the Hyderabad UberEXCHANGE session, Eric Alexander, Head of Business, Uber Asia, will be mentoring selected startups in the social impact category and provide insights in areas such as marketing, operations, technology, finance, and policy. This is the fourth of six UberEXCHANGE mentoring sessions and the first as part of T-Hub Slush 2016 Global Impact Accelerator.

T-Hub was launched in November 2015 by the government of Telangana and selected private companies. It has 70,000 sq. ft. area and aims to facilitate a seating capacity for 800 people and can house up to 150 startups. Out of the total number, 5-10% constitutes of life sciences and health companies. Prior to this, T-Hub partnered with the NASSCOM 10,000 Startup Program and inaugurated the T-Hub NASSCOM Startup Warehouse in January 2016.