MeitY Startup Hub signed MoU with Paytm

August 28, 2021
Current Context: The MeitY Startup Hub (MSH) which comes under the Ministry of Electronics & IT (MeitY) has entered into MoU with Paytm.
MeitY Startup Hub signed MoU with Paytm
  • The MoU was signed to grant support to deep tech-based startups in India.
  • Both then entities will create a deep tech-based startups ecosystem for SaaS and app-based startups which will be built using platforms like AI, Machine Learning, and Cloud Computing.
  • They will help grant support to solution-oriented innovators.
  • Both the entities will grant support to the deep tech-based startups with vast platform, knowledge, expertise solution, capacity building, resources, and stakeholders.
  • The startups will be benefited from market strategies, mentorship, and technical assistance.
  • The entities will develop partnerships among incubators, investors, and accelerators.
  • The ‘startup toolkit’ will be offered to tackle the problems associated with payments, distribution, and growth in early-stage startups.
  • Static Part: 
    • Union Minister of Electronics & IT: Ashwini Vaishnaw
    • HQ of Paytm: Noida, UP

Question: 

Q.1 With which entity has MeitY Startup Hub (MSH) signed MoU to support deep tech startups?
a. Atal Innovation Mission
b. Paytm
c. NASSCOM
d. ICICI Bank

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience