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Company : Paytm 
Wednesday, June 11, 2014 11:24AM IST (5:54AM GMT)
Paytm Announces Daily Scholarships Worth Rs 50 Crore in Association with EduKart.com
Scholarships of up to Rs 25,000 are available for any course students would like to pursue through EduKart.com along with additional Rs 5,000 of Paytm cash
New Delhi, Delhi, India

Paytm, India’s largest mobile commerce platform, has announced the Paytm Scholarship in association with EduKart.com. Going the extra mile to aid its patrons, Paytm will be helping them to build their future with daily scholarships worth Rs.50 crore. Paytm users who wish to pursue a degree, diploma or a certificate course available on EduKart.com are eligible for scholarships worth Rs 25,000. Additionally, Paytm will give Paytm Cash upto Rs.5000 to students on enrollment for any course.

Paytm Founder and CEO, Vijay Shekhar Sharma, said, “We are happy to announce the Paytm Scholarship for students who just cleared class XII board examinations. The scholarship will also support many graduate students and working professionals for enhancing their academic qualifications with a Master’s Degree or industry-recognised course.”

"The EduKart team is excited to partner with Paytm to drive this scholarship initiative. EduKart has the largest offering of Degree programmes and certificate courses in India from many leading universities and industry bodies. We hope that the Paytm users make the best use of the scholarships to progress in their careers," added Ishan Gupta, CEO of EduKart.com.

In order to access the scholarship, Paytm users simply need to recharge their phones and pay their bills for Mobile, DTH, 3G data and utility services for any amount and enter the code “SCHOLARSHIP” in the promo code box. On doing this, they will receive an e-mail from the company on how to avail of the Scholarship on the over 1,000 courses on EduKart.com

Each user will be eligible for only one scholarship and will have to enroll for the desired course before 15th July 2014. The amount of Scholarship given will be calculated on the basis of the value of the course chosen. In order to provide customers with maximum benefit, Paytm will provide the entire Scholarship sum at the time of payment of the first installment of the course. The additional Paytm cash will be received 14 days after the payment for the course is complete. The Scholarships are valid across transaction methods and for users in every part of the country.

About Paytm:

Paytm is India’s largest mobile commerce platform. Paytm started by offering mobile recharge and utility bill payments and today it offers a full marketplace to consumers on its mobile apps. In short span of time Paytm has scaled to over 8 Million orders a month. Paytm's mobile wallet is used by more than 6 million users to pay for various services. 

Consumer brand of India’s leading mobile internet company One97 Communications, Paytm is head-quartered in Delhi NCR. One97 investors include SAIF Partners, Intel Capital and SAP Ventures. 

For News Release background on Paytm click here
Media Contact Details
Pooja Chauhan, Value360 Communications Pvt Ltd., +91-9971627588, pooja@value360india.com
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