Paytm inks pact with Andhra govt for initiatives in financial inclusion

Digital financial services firm One97 Communications that owns Paytm brand on Monday announced it has signed an agreement with the Andhra Pradesh government to drive initiatives in financial inclusion, public health, cyber security.

The Memorandum of Understanding was inked on the sidelines of the Andhra Pradesh Global Investors Summit 2023.

“The agreement aims to promote mutual cooperation in the areas of industrial development, financial inclusion, public health, cyber security and prevention of financial frauds in the state of Andhra Pradesh,” according to a company release.