Paytm has signed an MoU with AIIP to create a startup ecosystem for youth in Arunachal Pradesh

One97 Communications Limited, India’s leading payments and financial services company, has signed a MoU with the Arunachal Pradesh Innovation and Investment Park (APIIP) to create a startup ecosystem for youth in the state. PPSL is the wholly-owned subsidiary of Paytm.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 help them grow.

This will help nurture the startup ecosystem in Arunachal Pradesh and motivate young entrepreneurs. The MoU was signed at Arunachal Pradesh Innovation & Investment Park, the first state-owned marquee incubator in Itanagar, in the presence of Tabe Haidar, CEO of Arunachal Pradesh Innovation and Investment Park.

Paytm Startup Toolkit provides 360-degree tech solutions specifically designed for startups to help them leverage the best of Paytm products to grow their business. It has customised offers on Paytm for Business products such as Paytm Ads, Paytm Deals, Gift Vouchers and Paytm mLoyal. Paytm Payment Services Spokesperson said, Our comprehensive platform helps businesses expand their digital presence with quick integration of payment, brand and commerce solutions.”

By Business Bureau