Uber is partnering with Startup India and iCreate on an innovation fund to support new ideas to drive 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 or startups that focus on innovation in the following three areas: two and three wheelers, the accessibility of charging stations and their ease of use, as well as potential partnership or financial models that can improve EV uptake in India.
Ten winners, as chosen by a panel of 5 industry experts, will receive two months of mentorship by Uber’s technical, engineering, and go-to-market teams and iCreate. Of the 10 winners, Uber will disburse a grant of INR 75,00,000 (USD 101,000) among the top 5 startups, followed by six months of incubation at iCreate, an independent center that aims to provide technology and assistance to young start-ups.