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India: PayU`s startup programme to bring SMEs, new ventures online

Wednesday 29 July 2015 00:57 CET | News

PayU India has revealed plans to reach out to 5000 SMEs and start-ups by December 2015 via programmes in more cities, in a bid to integrate them with its online payments platform.

The move, which involves conducting a series of events titled Startup masterclass, is part of the company`s India Growth Drivers initiative. The company also plans to connect the start-ups and SMEs on its platform with investors where required. So far, PayU India has engaged with 700 startups and has conducted its programme in Chennai, Hyderabad, Coimbatore and Pune.

Currently, there are 20 million SMEs in India and only a fraction are present online, according to Paritosh Sharma, Head - SME and Channel Partner Business, PayU India.
 


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Keywords: PayU, online payment, SMEs, start-up, investors
Categories: Payments & Commerce
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Countries: World
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