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Paytm Signs MoU With Madhya Pradesh Govt To Set Up A Back-End Center In The State

Paytm Signs MoU With Madhya Pradesh Govt To Set Up A Back-End Center In The State

The Company Plans To Invest About $3 Mn To Set Up The Center

Mobile commerce platform, Paytm, today signed an MoU with the Madhya Pradesh government to start a back-end center in Jabalpur (M.P.).

 As per the terms of the agreement, Paytm will invest about $3 Mn (INR 20 Cr) to set up this back-end center. The center is expected to start functioning by next year and will provide employment to almost 2000 people.

Shivraj Chouhan, tweeted:


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Aparna Mishra

Inc42 Staff

After a 2-year-stint at Ernst & Young, Aparna moved to Journalism. Her prior experience enables her to understand business management. An avid reader and a traveller she hopes to gain insights on the startup ecosystem at Inc42.

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