- 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:
a. Atal Innovation Mission
b. Paytm
c. NASSCOM
d. ICICI Bank
