Bizofit, an emerging startup platform, is delighted to announce its partnership with the Government of Tamil Nadu. The MoU concerning the same was signed on 3rd September 2019 in New York. The event was chaired by the CM of Tamil Nadu, Mr. Edappadi K Palaniswami. A number of emerging players in the market were recognized by the Tamil Nadu Govt. during the event.
During the event, nineteen companies based in the U.S. committed on investing a total amount of 2,300 crores in the IT sector of the southern state of India, Tamil Nadu. this will provide approximately 20,000 new job opportunities in Tamil Nadu. The Chief Minister of Tamil Nadu, Mr. K. Palaniswami also met a number of entrepreneurs and industrialists to attract more investment and employment to the state. The event was attended by more than 200 delegates from different sectors like fin-tech, space, and aerospace.
BizOfIT has been working in the direction of setting up Innovation Hubs that will provide the required assistance and exposure to startups. The company has worked to bring all the organizations dealing with technology under one umbrella.
BizOfIT will assist the Tamil Nadu government in setting up an Innovation Hub focused on FinTech startups. The company has also promised to bring 500 digital job opportunities to the IT sector in Tamil Nadu. After partnering with the Tamil Nadu Government, BizOfIT will act as a conduit for investment to Tamil Nadu. With this, corporates and big players can collaborate with innovative and robust startups based in the state of Tamil Nadu.