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Paytm<\/a>\u00a0Payment Services Limited (PPSL) on Thursday signed an\u00a0MoU\u00a0with\u00a0ArunachalPradesh\u00a0Innovation and Investment Park (APIIP) to create a\u00a0startup\u00a0ecosystem\u00a0for\u00a0the youth in the northeastern state, officials said.\u00a0<\/p>\n According to the\u00a0MoU,\u00a0Paytm\u00a0Incubation Centre will provide its product to early-stage\u00a0startups at a discounted price and offer free credits through the\u00a0Paytm\u00a0Startup\u00a0toolkit to aid the business ventures of youths in their early stage of growth.<\/p>\n This will nurture the\u00a0startup\u00a0ecosystem\u00a0in the state and motivate the young entrepreneurs, an official communiqu\u00e9 informed here.<\/p>\n The\u00a0MoU\u00a0was signed at the\u00a0Arunachal\u00a0Pradesh\u00a0Innovation and Investment Park, the first state-owned marquee incubator here in the presence of its CEO Tabe Haidar.<\/p>\n “We are happy to partner\u00a0with\u00a0the government of\u00a0Arunachal\u00a0Pradesh\u00a0in its journey to create a vibrant\u00a0startup\u00a0ecosystem. At the\u00a0Paytm\u00a0Incubation Centre, we strive to catalyse the\u00a0startup\u00a0ecosystem\u00a0in India and help young entrepreneurs gain new user acquisition, access funds and more facilities,\u201d the spokesperson of\u00a0Paytm\u00a0Payment Services said.<\/p>\n “Our comprehensive platform helps businesses to expand their digital presence\u00a0with\u00a0quick integration of payment, brand and commerce solutions,” he added.<\/p>\n Paytm\u00a0is India’s payment app, which offers consumers and merchants payment services. It is a pioneer of mobile QR payments in the country.<\/p>\n It enables commerce\u00a0for\u00a0small merchants and distributes various financial services offerings to its consumers and merchants in partnership\u00a0with\u00a0financial institutions, the communiqu\u00e9 added.<\/p>\n Last month,\u00a0payments and financial services company\u00a0Paytm\u00a0partnered with\u00a0SBI Card<\/a>\u00a0to launch Paytm SBI Card on the RuPay network.<\/p>\nThe Motorola Edge 40 recently made its debut in the country as the successor to the Edge 30 that was launched last year. Should you buy this phone instead of the Nothing Phone 1 or the Realme Pro+? We discuss this and more on Orbital<\/a>, the Gadgets 360 podcast. Orbital is available on Spotify<\/a>, Gaana<\/a>, JioSaavn<\/a>, Google Podcasts<\/a>, Apple Podcasts<\/a>, Amazon Music<\/a> and wherever you get your podcasts.<\/em>