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Uber launches start-up mentorship programme 'uberEXCHANGE'

This mentorship programme will be immensely valuable to Indian entrepreneurs

This mentorship programme will be immensely valuable to Indian entrepreneurs

Mumbai

: Taxi-hailing app Uber on January 6, announced a new start-up mentorship programme in the country in partnership with Invest India called 'uberEXCHANGE'. Over the next years, Uber will host a series of six leadership talks by senior Uber executives, including from their headquarters in San Francisco, the company said in a statement.

The programme will address issues that entrepreneurs face, like fund-raising, product design, engineering and how to scale up a business.

At the end of the programme, the top 10 start-ups will travel to San Francisco, where they will be introduced to global investors, fellow entrepreneurs and the team at Uber, it said.

This public-private initiative will enable students, entrepreneurs and industry leaders to learn from each other, helping to create a culture that celebrates risk-taking and views failure as an opportunity to learn. It will also support Prime Minister's vision to make India a global startup hub.

-"Today, more and more people aspire to be entrepreneurs and build something themselves. That's why Prime Minister Narendra Modi's start-up India initiative is so important, and that is why we're excited to share our experience with hundreds of startups and entrepreneurs as they begin their journey,-" Uber's chief executive Travis Kalanick said.

Kalanick is expected to give the inaugural speech at the Startup India Initiative on January 16, speaking about his own journey as an entrepreneur.

-"This mentorship programme will be immensely valuable to Indian entrepreneurs and I am excited about the exchange of knowledge and ideas between the startup culture in India and the Silicon Valley,-" DIPP Secretary Amitabh Kant said.

-"This is just one step towards stronger ties with the international start-up community, and the possibilities are unlimited,-" he added.

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