Telangana is now recognized as one of the world’s
leading destinations for startups within India. The city of Hyderabad offers
some of India’s best infrastructure, a large and growing technology talent
pool, and a vibrant, cosmopolitan international community. Of particular
significance to innovative tech startups worldwide is Telangana’s great
position as a gateway to leveraging India’s massive technology markets.
Startups can hit the ground running instead of being buried in red tape.
T-Bridge will provide a platform for such fast-track tech companies looking to
tap into India’s huge consumer market for technology. T-Bridge will help
startups access UberEXCHANGE, Uber’s flagship startup mentorship program and
TiE Silicon Valley’s mentor network.
K T Rama Rao, Telangana Cabinet
Minister for IT EnC, MAUD, Industries and Commerce, Public Enterprises, Mines and
Geology, Sugar and NRI Affairs inaugurated T-Bridge in association with Uber
and TiE Silicon Valley at Uber’s headquarters in San Francisco.
Rao stated, “We have a strong vision to
make Hyderabad one of the top 10 startup cities in the world. T–Bridge is one
such move towards opening a channel of investment from the world to the state
of Telangana. I am proud to open our first outpost in the U.S. in association
with Uber and TiE Silicon Valley and believe that this association will forge
new partnerships and spur investment and innovation between the two countries”.
Ram K. Reddy, incoming President of TiE Silicon Valley
stated at the inauguration, “The Telangana government has been one of
India’s most progressive states. The vitality and transformational mindset of
its leadership gained quick notoriety within the startup world. TiE Silicon
Valley is pleased to host the first T-Bridge outpost in Silicon Valley.”
Rachel Whetstone, Uber’s senior vice president for
policy and communications, said, “Telangana is one of the most
progressive states in India; and it has set up a culture of ‘regulatory
incubation’ — allowing new ideas and business models to thrive. Today more and
more people around the world want to build something themselves. Through initiatives
like UberEXCHANGE, our mentorship program for Indian startups, we hope to spur
entrepreneurship. Creative partnerships like T-Bridge will continue to
strengthen ties between India and the global startup scene.”
Jay Krishnan CEO, T-Hub said, “Since the launch of
T-Hub last year, we’ve witnessed a threefold increase in startup activity in
Hyderabad. The city is abuzz with over 30 incubators and co-working spaces.
There is something happening in every corner. We’re committed to enabling and
growing this community and to helping Indian entrepreneurs access global
resources. T-Bridge is one such initiative in that direction. We are proud to
set up our first outpost in the heart of the startup activity – at Silicon
Valley”.
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