Startup
The government has signed an agreement with Paytm under which the company will provide guidance, infrastructure support, market access and funding opportunities to startups. This information was given in an official statement on Wednesday. One 97 Communications Limited owe Paytm. The Ministry of Commerce and Industry said, the Department of Industry and Internal Trade Promotion (DPIIT) signed a memorandum with Paytm to promote innovation in India and speed up the development of manufacturing and financial technology (fintech) startups. .
In this way startups will benefit
It said, “Under this cooperation, Paytm startup will provide guidance, infrastructure assistance, market access and funding opportunities, which will help them in expansion and innovation.” And Chief Executive Officer (CEO) Vijay Shekhar Sharma signed a memorandum in the presence of senior officials. DPIIT Joint Secretary Sanjeev said, “By taking advantage of Paytm’s financial technology expertise and infrastructure, our aim is to help entrepreneurs to deal with challenges and increase their enterprises.”
Partnership with many companies earlier also
Sharma said that Paytm is committed to empower entrepreneurs through guidance, financial aid and access to state -of -the -art technology. DPIIT has earlier signed similar agreements with several companies including professional forums Apna, Rukam Capital, Awana Capital, Bhane Group, Flipkart and ITC.
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