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MeitY start-up hub partners Paytm to support deep tech start-ups

August 27, 2021

MeitY start-up hub partners Paytm to support deep tech start-ups
Initial public offering bound Paytm and MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and IT (MeitY), have met up to assist with scaling profound tech start-ups by giving access to the platform, information series, experts, resources, and larger community stakeholders.
The two sides have now gone into a Memorandum of Understanding for this cooperation.
The joint efforts of MSH and Paytm plan to make an energetic ecosystem for Software-as-a-Service (SaaS), and application put together start-ups worked with respect to the deep tech platform technologies like machine learning, AI, cloud computing, and so forth, through help as far as coaching, technological assistance, go-to-market strategies.
The collaboration also focuses on fostering partnership vibrant ecosystem organizations with incubators, accelerators, investments; offering a “Start-up Toolkit” to solve for payments, delivery, and growth challenges for early-stage start-ups; giving mentorship and direction through a Unicorn talk series which intends to inspire entrepreneurs to build Unicorns out of India; providing subsidized payment gateway services with a view to handhold the start-ups in the course of their business journey.

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