Uber to fly Indian start-ups to US

07-Jan-2016 #India-US Source: India Inc
Ride-hailing taxi service app Uber has partnered with Invest India to launch a start-up mentorship programme called ‘uberEXCHANGE’. Invest India is the Indian government's official agency devoted to investment promotion and facilitation. Travis Kalanick, co-founder and CEO of Uber said: "Today more and more people aspire to be entrepreneurs and build something themselves.  It's why Prime Minister Modi's Start-up India initiative is so important and why we're excited to share our experience with hundreds of start-ups and entrepreneurs as they begin their journey." Uber has decided to host six leadership talks by senior executives over the next year. This will include those based at its headquarters in San Francisco. At the end of the programme, the company intends to fly 10 start-up heads to San Francisco, where the company will introduce them to global investors, fellow entrepreneurs and the team at Uber. Amitabh Kant, secretary, Department of Industrial Policy and Promotion (DIPP), said: "This unique mentorship program will be immensely valuable to Indian entrepreneurs and I am excited about the exchange of knowledge and ideas between the start-up cultures in India and the Silicon Valley.  This is just one step towards stronger ties with the international start-up community, and the possibilities are limitless.
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