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AICTE signs MoU with AWS to impart technical skills to students
The All India Council for Technical Education (AICTE), a statutory body under the Ministry of Education, is working with Amazon Web Services (AWS) to impart cloud computing and machine learning (ML) skills to higher education students in India through the AWS DeepRacer Student League.
This new collaboration expands the ministry’s efforts to empower students with critical technology skills and strengthen the focus on building a future-ready digitally skilled workforce in India. Thousands of AICTE affiliated colleges in the country will extend this initiative for the benefit of students.
Through the MOU, AWS will provide students with access to AWS Educate, a program that offers online cloud learning resources and self-study labs designed to help people learn, practice and evaluate cloud skills.
The Bharat BillPay ecosystem includes CRED
Bharat BillPay, a wholly owned subsidiary of the National Payments Corporation of India (NPCI), has a built-in fintech startup as a Key Agent Institution (AI) to provide easy bill payment solutions to CRED members.
Agent institutions are the entities that offer payment, collection and account aggregation services to their customers through physical or digital channels.
With this collaboration, CRED members can make recurring payments across multiple segments including Electricity, Telecom, DTH, Gas, Education Charges, Water and Municipal Taxes, NETC FASTag Recharge, Loan Repayment, Insurance, Cable TV, Subscription Charges , mobile prepaid recharges, and more by logging into the CRED app.
Bharat BillPay currently offers recurring payment services to customers across several segments. The platform offers more than 20,000 billers across multiple bank and non-bank channels and has over 900 agent institutions live on the platform.
XPay.Life launches UPI services for rural India
a digital payments platform that focuses on regional rural banks and district cooperative central banks (DCCBs) has launched its UPI services after three years of operations.
XPay.Life’s technology stack enables financial access to those segments of the population who live in rural and semi-urban areas. It serves over four million users in over 15 states, covering one lakh villages.
The fintech startup, along with NABARD, NPCI and state governments, is working to strengthen digital banking systems in non-metro areas.
Rohit Kumar, Founder and CEO of XPay.Life said, “With the launch of our UPI services, we aim to make all of India and especially rural India financially literate and capable.”
BillClap raises round from IIM Lucknow
a SaaS startup focused on the SME segment that provides multiple business functionality solutions has raised an undisclosed round of pre-seed funding from IIM Lucknow’s incubator.
BillClap will use this capital to scale acquisition of commercial customers, especially from tier II and III cities. The startup has a presence in nine cities and aims to reach 10 more locations. It aims to reach 100 locations in the next one year.
Gaurav Gupta, founder of BillClap said, “Our product name is BILLCLAP and the first version of our MVP went live on September 29, 2021. and had more than 24,000 registrations with more than one million products already added in 23,000+ ‘Digital Dukaans‘ created by merchants.”
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