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    Question

    The Gujarat government has signed an MoU with a proposed

    investment of Rs 2,000 crore by the financial year 2030 (FY30) with a fintech company that will┬а help the company in obtaining necessary permissions, registrations, approvals, and clearances from state and central government departments. Which is the company the government has tied up with┬а ?
    A Razorpay Correct Answer Incorrect Answer
    B PayU Correct Answer Incorrect Answer
    C Cashfree Payments Correct Answer Incorrect Answer
    D Infibeam Avenues Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Infibeam Avenues has inked a Memorandum of Understanding (MoU) with the Gujarat Government, with a proposed investment of Rs 2,000 crore by the financial year 2030 (FY30). The company aims to develop its Artificial Intelligence (AI) Hub for developing AI technology for payments and platforms aimed at servicing retailers. The MoU will help the company in obtaining necessary permissions, registrations, approvals, and clearances from state and central government departments.

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