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Paytm announces ‘Build for India’ initiative to promote open-source projects

MediaInfoline December 26, 2017
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Paytm, India’s largest mobile-first financial services company, has announced ‘Build for India’ initiative to promote ‘building and sharing’ culture among developers in the country. Under this initiative, the company will launch ‘Indian Open Source Project Incubator’, where professionals and students can build open source-based solutions and share those projects with the global developer community. Key focus areas for the open source projects are Education, Digital Lifestyle, Financial Inclusion, and new-age technologies like Machine Learning, Augmented Reality and Virtual Reality. The virtual incubator will be aimed at finding developers who can use technology and design to build world-class solutions.

As a part of the incubator programme, Paytm will make its premises available for mentoring, meet-ups, technology and design support from time to time. Outstanding contributors to the open source project will be awarded ‘Paytm Scholar’ certificates and few will also get an opportunity to join the Paytm team. The company will be interacting closely with colleges and universities to engage with students and encourage them to contribute for these open source projects. It will also conduct Hackathons, Bootcamps, meet-ups, monitoring sessions etc for the student community. Initially, Paytm plans to partner with around 20 institutions, which will be further increased in the coming months.

Deepak Abbot, Sr. Vice President said “In our country, we use a lot of open source projects but do not contribute back enough to the developer community. We aim at correcting this by promoting  new open source projects developed from India. We will also create communities around these projects to maintain them. With the Open Source Project Incubator, Paytm aims to give back to the developer community.”

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