Paytm has urged customers to donate for the identical trigger and it’ll match every donation to swell up to the full fund-raise for oxygen concentrators. (Representative picture)
BENGALURU: Payments platform Paytm stated it’s aiming to raise Rs 10 crore to purchase 3,000 oxygen concentrators amidst the continuing oxygen provide disaster in India. The nation is at present within the grip of a powerful second wave of Covid-19 with report every day circumstances in India.
Paytm has urged customers to donate for the identical trigger and it’ll match every donation to swell up to the full fund-raise for oxygen concentrators.
Over 1,000 oxygen concentrators value Rs 4 crore have already been ordered by means of Paytm Foundation’s emergency aid funds, the corporate stated in a press release. It will ship these to authorities hospitals, Covid-19 care centres, personal hospitals, NGOs and different related avenues.
Paytm stated it’s in talks with corporations, non-resident Indians (NRIs) to be part of the trigger and mixture general demand for bulk shopping for of oxygen concentrators.
Paytm has raised over Rs 1.5 crore inside hours of beginning the marketing campaign, and with Paytm’s contribution of matching the quantity, the full quantity raised stands at Rs 3 crore.
“India is going through an unprecedented oxygen crisis right now and there are all kinds of oxygen support needed, large oxygen tankers, oxygen cylinders & then something that can produce oxygen locally which is oxygen concentrators. I also call upon other startups, businesses to join us and match rupee to rupee contribution to double the supply of oxygen concentrators. It will be a great support for India in the present oxygen crisis. I am sure by pooling in our resources we will be able to fight this crisis and come out stronger,” stated Vijay Shekhar Sharma, founder and CEO, Paytm.
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