Paytm and MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and Information Technology (MeitY), have joined forces to help scale up deep-tech startups by providing access to platforms, knowledge series, experts, resources, and a larger community of stakeholders.
The two parties have entered into a memorandum of understanding (MoU) for the same.
Through joint efforts, MSH and Paytm aim to create a vibrant ecosystem for software-as-a-service (SaaS) and app-based start-ups built on deep-tech platform technologies such as artificial intelligence, machine learning, cloud computing, etc., through support in terms of mentoring, technological assistance, go-to-market strategies.
Additionally, the partnership focuses on fostering partnerships with incubators, accelerators, and investors; providing a “Start-up Toolkit” to solve payments, distribution, and growth challenges for early-stage start-ups.
