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

By on January 6, 2018
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Paytm announced the launch of its ‘Indian Open Source Project Incubator’, where professionals and students can build open source-based solutions, and share these projects with the global developer community.

Deepak Abbot, Senior Vice President at Paytm, 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.”

The launch is in line with the company’s ‘Build for India’ initiative to promote ‘building and sharing’ culture among developers in the country. It will focus on areas of open source projects in the field of Education, Digital Lifestyle, and Financial Inclusion, including new-age technologies like Machine Learning, Augmented Reality and Virtual Reality.

According to Vijay Shekhar Sharma, founder and CEO, Paytm, the virtual incubator will aim to find developers who can use technology and design to build world-class solutions. The company shared that as part of the incubator program, Paytm will make its premises available for mentoring, meet-ups, technology and design support from time to time.

‘Indian Open Source Project Incubator’ will also make students contribute to open source projects. Paytm plans to conduct hackathons, bootcamps, meet-ups, and monitoring sessions while partnering with around 20 institutions. Moreover, outstanding external contributors to the open source project will be awarded ‘Paytm Scholar’ certificates with the opportunity to join the company.

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