Uber signs agreement with tech startup incubator T-Hub, selected startups to be taken to Silicon Valley

Uber and tech startup incubator T-hub inked a pact for UberExchange programme under which 20 startups will be selected initially and 10 will be taken to Silicon Valley for further mentoring.

T-hub, which is set up by the Telangana Government, will invite startups for UberExchange programme that involves online application process and encourage entrepreneurship.

"One of the most important things for entrepreneurs is to surround themselves with experienced mentors who understand what they are going through and who can provide the right guidance and support," said Eric Alexander, Head of Business, Uber Asia.

Of the 20 startups selected initially, 10 will be taken to Silicon Valley for further mentoring and introduce them to the world class startup ecosystem, T-Hub CEO Jay Krishnan said.

On surge pricing, Alexander said they are in touch with state governments and other agencies on regulatory issues.

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