PayPal launches Start Tank Incubation Challenge

Online payment solutions provider PayPal has launched the fourth round of its Start Tank Incubation Challenge targeting startups that would use PayPal's Technology centre in Chennai.
PayPal Start Tank Incubator was launched in 2013, in partnership with The Indus Entrepreneurs (TiE). It provides startups to evolve at its exclusive facility in PayPal's Technology centre in Chennai, a company statement said.
The company will offer technology and business mentorship, infrastructure support as well as networking opportunities with investors and customers.
"As one of the largest startups and the leader in online payments, PayPal understands the challenges faced by the entrepreneurs," PayPal, APAC, General Manager-Technology, Anupam Pahuja said.

Startups can take part in the Start Tank Challenge and successful applicants will be announced during the annual TiECON (The Indus Entrepreneurs Conference) scheduled to be held on October 30, 2015, it added.