YouthNet, PayTM sign MoU to support Nagaland’s entrepreneurial ecosystem

March 14, 2023 39 Views No Comment

Dimapur, March 14 (MExN): PayTM and YouthNet have signed a Memorandum of Understanding (MoU) to promote innovation, and resources to support startups, entrepreneurs, and businesses in Nagaland.

In a press release received here on Monday, PayTM Payments Services Limited (PPSL) and YouthNet announced the MoU stating that it was signed to collaborate and enable long-term cooperation in promoting inter-se business, innovation, and resources to support startups, entrepreneurs, and businesses in the state. The MOU was signed by Atit Kumar, AGM of PPSL, and Neikepekho Shosahie, Manager YIC, in the presence of James Kithan, Manager YouthNet.

The partnership aims to foster innovation, create opportunities, and contribute to the growth of Nagaland’s economy. Under the agreement, PPSL and YouthNet will work together to provide defined resources to support startups, entrepreneurs, and businesses alike in the state of Nagaland.

Speaking on the occasion with the entrepreneurs and stakeholders, Atit Kumar, AGM of PPSL expressed his excitement to collaborate with YouthNet to support the growth of the entrepreneurial ecosystem in Nagaland, besides building an ecosystem that nurtures innovation and provides access to resources that help startups and entrepreneurs succeed.

Neikepekho Shosahie, Manager YIC also expressed his gratitude to partner PPSL, while acknowledging that the partnership will help leverage PayTM’s technology and expertise to create opportunities for startups and entrepreneurs in Nagaland.

According to the release, the MOU is a significant milestone in the growth of Nagaland’s entrepreneurial ecosystem. PPSL and YouthNet’s collaboration will facilitate innovation and create a supportive environment for businesses and startups to thrive. This partnership will pave the way for future collaborations that can unlock the full potential of Nagaland’s entrepreneurial community, it maintained.