Back to Career News

Paytm aims to raise 10crore for oxygen concentrators

April 27, 2021

Paytm aims to raise 10crore for oxygen concentrators

Payment platform Paytm said it is expecting to raise ₹10 crore to purchase 3,000 oxygen concentrators in the midst of the continuous oxygen supply emergency in India. The nation is as of now in the grasp of a solid second flood of Covid-19 with record every day cases in India.

Paytm has asked clients to give for a similar reason and it will coordinate with every gift to grow to the all-out raise support for oxygen concentrators.

More than 1,000 oxygen concentrators worth ₹4 crore have effectively been requested through Paytm Foundation’s crisis relief funds, the organization said in a statement. It will send these to government clinics, Covid-19 care centres, private hospitals, NGOs and other relevant avenues.

Paytm said it is in chats with organizations, non-resident Indians (NRIs) to join the reason and total generally speaking interest for mass purchasing of oxygen concentrators.

Paytm has raised over ₹1.5 crore not long after beginning the mission, and with Paytm’s commitment of coordinating with the sum, the aggregate sum raised stands at ₹3 crore.

Recommended for you ...

Indian Bank Targets 15% Growth in Mid-Corporate Business for FY25
Indian Bank Targets 15% Growth in Mid-Corporate Business for FY25

May 08, 2024

Indian Lenders to Oppose Tighter Rules on Infrastructure Loans Proposed by Central Bank
Indian Lenders to Oppose Tighter Rules on Infrastructure Loans Proposed by Central Bank

May 08, 2024

Indian Bank Aims to Surpass Rs 1 Lakh Crore in Digital Transactions
Indian Bank Aims to Surpass Rs 1 Lakh Crore in Digital Transactions

May 08, 2024

Chat on WhatsApp