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Which Company collaborated with Arunachal Pradesh to Foster Startup Ecosystem for the youth?
A)
Jio
B)
Paytm
C)
PhonePe
D)
Bharti Airtel

Correct Answer :   Paytm


Paytm Payment Services Limited (PPSL) on Thursday (22nd June 2023) signed an MoU with Arunachal Pradesh Innovation and Investment Park (APIIP) to create a startup ecosystem for the youth in the northeastern state.

* According to the MoU, Paytm Incubation Centre will provide its product to early-stage startups at a discounted price and offer free credits through the Paytm Startup toolkit to aid the business ventures of youths in their early stage of growth.

* This will nurture the startup ecosystem in the state and motivate the young entrepreneurs, an official communique informed here.

* The MoU was signed at the Arunachal Pradesh Innovation & Investment Park, the first state-owned marquee incubator here in the presence of its CEO Tabe Haidar.


Paytm Statement : We are happy to partner with the government of Arunachal Pradesh in its journey to create a vibrant startup ecosystem. At the Paytm Incubation Centre, we strive to catalyse the startup ecosystem in India and help young entrepreneurs gain new user acquisition, access funds and more facilities".

"Our comprehensive platform helps businesses to expand their digital presence with quick integration of payment, brand and commerce solutions," he added..

Source : Economic Times

Published On : June 24, 2023
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