Uber partners with Startup India and iCreate on innovation fund
Uber, a ride-hailing company is partnering with start-up incubation centre iCreate and Startup India on an innovation fund to support new ideas to drive the adoption of electric vehicles across the country.
The ‘Green Mobility Innovation Challenge’, which will be hosted on the Startup India portal, invites submissions from individuals and startups that focus on innovation in areas of two and three wheelers, charging station accessibility, Uber said in a statement.
This is for potential partnership or financial models that can improve EV uptake in India, it added.
“To further strengthen the county’s emerging EV ecosystem, we are partnering with Startup India and iCreate on the ‘Uber Green Mobility Innovation Challenge’ to see what great ideas are out there.”
“It is an honour to be able to support India’s many entrepreneurs in addressing one of the most pressing issues of our time,” said Prabhjeet Singh, president of Uber India South Asia.
Under the partnership, winners as chosen by a panel of five industry experts will receive two months of mentorship by Uber’s engineering, technical and go-to-market teams and iCreate.
Last year, Uber has announced USD 800 million in resources towards helping drivers transition to EVs by 2025, and 100 per cent emission-free rides globally by 2040.
In India, Delhi became the first city in the country where riders can book e-rickshaws on the Uber app.
Deepak Bagla, MD and CEO of Invest India, said, “India is working towards empowering startups, especially those in the field of e-mobility to meet the SDG (sustainable goal) targets.”
He added that innovation is the cornerstone of development for India. “Through such challenges, we are looking to contribute to strengthening the start-up ecosystem in India.”
Rajiv Bose, head of business at iCreate said, “It is our vision to promote the growth of entrepreneurial capital that leverages innovation and technology. By partnering with Uber India, we are furthering the same vision on a larger scale by reaching out to start-ups across India.”
The ‘Green Mobility Innovation Challenge’, which will be hosted on the Startup India portal, invites submissions from individuals and startups that focus on innovation in areas of two and three wheelers, charging station accessibility, Uber said in a statement.
This is for potential partnership or financial models that can improve EV uptake in India, it added.
“To further strengthen the county’s emerging EV ecosystem, we are partnering with Startup India and iCreate on the ‘Uber Green Mobility Innovation Challenge’ to see what great ideas are out there.”
“It is an honour to be able to support India’s many entrepreneurs in addressing one of the most pressing issues of our time,” said Prabhjeet Singh, president of Uber India South Asia.
Under the partnership, winners as chosen by a panel of five industry experts will receive two months of mentorship by Uber’s engineering, technical and go-to-market teams and iCreate.
Last year, Uber has announced USD 800 million in resources towards helping drivers transition to EVs by 2025, and 100 per cent emission-free rides globally by 2040.
In India, Delhi became the first city in the country where riders can book e-rickshaws on the Uber app.
Deepak Bagla, MD and CEO of Invest India, said, “India is working towards empowering startups, especially those in the field of e-mobility to meet the SDG (sustainable goal) targets.”
He added that innovation is the cornerstone of development for India. “Through such challenges, we are looking to contribute to strengthening the start-up ecosystem in India.”
Rajiv Bose, head of business at iCreate said, “It is our vision to promote the growth of entrepreneurial capital that leverages innovation and technology. By partnering with Uber India, we are furthering the same vision on a larger scale by reaching out to start-ups across India.”
.jpg "Innovating Legal Solutions to Safeguard your Business")
.jpg "DataviCloud : Real-Time Intelligence for Better Decisions across Every Business Function")
