Latest news with #MSH
Hamilton Spectator
15-06-2025
- Health
- Hamilton Spectator
Over 1,300 Take Part in Stouffville 5K, $330K Raised for Markham Stouffville Hospital
Memorial Park buzzed with energy on Father's Day morning as more than 1,300 runners, joggers, walkers, and spectators gathered for the third annual Stouffville Main Street 5K. Hosted by the Town and the Office of Mayor Iain Lovatt, $330,000 has been raised in support of Markham Stouffville Hospital (MSH) this year. Over the last three years, Stouffville has raised over $875,000 for MSH. Opening the event, Mayor Lovatt applauded participants for their efforts. 'Thank you for your hard work and dedication to fundraising. In our first two years of this event, we have raised over $545,000,' Lovatt told the crowd. 'Your donations directly support lifesaving equipment and essential services at Markham Stouffville Hospital.' This year's cheque presentation included more than $40,000 raised by participating runners. Additional fundraising and sponsorships brought the 5K event total to $110,000, with the remaining funds coming from the Mayor's 2025 Charity Golf Classic. 'Today is more than just about giving back. It's about celebrating the compassionate, selfless, and dedicated frontline healthcare workers who care for us, for our families, our friends, and our loved ones every single day,' Lovatt said. Markham Stouffville Hospital is celebrating its 35th anniversary this year, having been built in 1990 on land donated by Stouffville's Arthur Latcham. Suzette Strong, CEO of the MSH Foundation, thanked the Mayor and Town Staff while emphasizing the importance of community-driven fundraising. 'What a lot of people don't realize is that the government doesn't fund everything,' said Strong. 'Of the funds raised today, 100% of those proceeds go back into the hospital to invest in important things like beds, incubators, and diagnostic services. So thank you for being a part of raising money to keep Markham Stouffville Hospital on the leading edge of healthcare.' The race also featured standout performances by local athletes. Seventeen-year-old Marek St. Croix took first place with a time of 16 minutes and 33 seconds, improving on his fifth-place finish last year. Remy Chadwick placed second at 16:43, followed by Sebastian Blair Reynoso in third at 17:02. Thirteen-year-old Sawyer Nicholson, the Stouffville runner who set a world record at age 11 for the fastest 5K in her age group, was the first female to cross the finish line. She placed 10th overall with a time of 18 minutes and 13 seconds. Before the race, Nicholson shared words of encouragement with the crowd, recounting how she discovered running during the COVID-19 pandemic and has since broken more than 10 records. 'Back then, I didn't know how that first run would change me. But it did, step by step. It gave me clarity, it gave me strength, and most importantly, it gave me hope,' she said. 'Every step you take supports the Markham Stouffville Hospital, a place that has been there for so many of our families, neighbours, and friends,' Nicholson added. 'So if you're feeling nervous or unsure of how far or how fast you'll go today, just remember every journey begins with a single step. Those first few steps you take could be the beginning of something that changes your life, just like it changed mine.' Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Time of India
21-05-2025
- Business
- Time of India
Razorpay partners MeitY Startup Hub
Razorpay has announced a partnership with the MeitY Startup Hub (MSH), an initiative under the Ministry of Electronics and Information Technology. With this partnership, Razorpay and MSH, together, aim to empower the next wave of deep tech and emerging tech startups by providing them access to advanced fintech infrastructure , tailored mentorship, product credits, and an innovation-first ecosystem. MSH, a key pillar of India's tech-forward vision, unites incubation centers, Centres of Excellence, and strategic stakeholders to accelerate the growth of high-impact, tech-driven startups. As India crosses the milestone of over 159,000 DPIIT-recognised startups and 1.6 million jobs created, MSH continues to drive this momentum, especially across Tier 2 and Tier 3 cities, by enabling startups to access mentorship, compliance support, scale sustainably, and build for the future. This partnership is designed to support startups building transformative technologies in areas like AI, blockchain, robotics, IoT, and beyond - providing them the tools, networks, and backing to solve for India, and scale for the world. Under this partnership, all startups associated with MSH will gain access to Razorpay Rize, the company's flagship initiative aimed to empower early-stage startups.
Entrepreneur
21-05-2025
- Business
- Entrepreneur
Razorpay Joins Hands with MeitY Startup Hub to Boost 100 AI Startups
Startups onboarded through MSH will gain complimentary access to Razorpay's suite of products—including its payment gateway, payout solutions, and corporate credit cards. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Fintech giant Razorpay has announced a strategic partnership with the MeitY Startup Hub (MSH) to nurture and scale 100 early-stage artificial intelligence (AI) startups over the next two years. This initiative aims to empower startups with access to Razorpay's robust fintech infrastructure, expert mentorship, and vital networking opportunities. "India's tech ecosystem has always been a cradle for innovation. Today, it is further strengthened by the capabilities of Artificial Intelligence," said Shashank Kumar, Managing Director and Co-founder of Razorpay. "The aim is to help young entrepreneurs unlock the potential of AI to solve real-world problems at scale." Startups onboarded through MSH will gain complimentary access to Razorpay's suite of products—including its payment gateway, payout solutions, and corporate credit cards. Additionally, Razorpay will conduct workshops and one-on-one mentorship sessions focused on navigating regulatory challenges and building scalable, compliant fintech operations. "The collaboration aims to identify, nurture, and support high-potential AI startups by equipping them with technical know-how, financial infrastructure, and mentorship from industry veterans," Razorpay said in a statement. Arif Khan, Chief Innovation Officer at Razorpay, emphasized the mission's grassroots focus. "Most transformative ideas often begin in unlikely places, with a lone founder solving a real problem, fueled by belief more than resources. But turning belief into a business takes more than just passion; it needs the right infrastructure, the wisdom of those who've walked the path, and a community that has your back," he said. "This partnership with MeitY Startup Hub is about doing just that." Over the past two years, Razorpay has supported over 450 startups through initiatives such as its flagship Rize programme. MSH, which functions under the Ministry of Electronics and Information Technology, collaborates with more than 400 incubators across India to promote entrepreneurship and technological advancement. "At MeitY Startup Hub, we believe collaboration between government and industry is key to fostering innovation," said Jeet Vijay, CEO of MSH. "Through this partnership with Razorpay, we aim to nurture 100 AI-focused startups, providing them with the right tools and mentorship to thrive."
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Business Standard
20-05-2025
- Business
- Business Standard
Razorpay, MeitY Startup Hub partner to boost India's deep-tech startups
Financial technology giant Razorpay has partnered with the MeitY Startup Hub (MSH), an initiative under the Ministry of Electronics and Information Technology. Through this collaboration, the two entities aim to accelerate the growth of deep-tech and emerging technology startups by offering access to Razorpay's fintech infrastructure, customised mentorship, product credits and an innovation-centric ecosystem. The initiative is designed to bolster India's startup landscape by supporting early-stage ventures working on transformative technologies. The partnership is targeted at startups building technologies in areas such as AI, blockchain, robotics, IoT and beyond. It will provide them with tools, networks and institutional backing to solve for India and scale globally. 'As India advances toward becoming a global innovation powerhouse, it is critical that our startups grow with both agility and integrity. Our partnership with Razorpay will empower founders, especially in Tier 2 and Tier 3 cities, to build with speed and confidence. Peer learning and shared networks remain powerful enablers,' said Panneerselvam Madanagopal, CEO, MeitY Startup Hub. 'As MeitY Startup Hub becomes custodian of deep-tech and driver of inclusive tech, partnerships like these will accelerate impact — ensuring startups scale with clarity, purpose and resilience.' MSH unites incubation centres, Centres of Excellence and strategic stakeholders to accelerate the growth of high-impact, tech-driven startups. As India crosses the milestone of over 159,000 DPIIT-recognised startups and 1.6 million jobs created, MSH continues to drive this momentum, especially in Tier 2 and Tier 3 cities, by enabling startups to access mentorship, compliance support, and scale sustainably. 'Most transformative ideas begin in unlikely places — with a lone founder solving a real problem, fuelled by belief more than resources. But turning belief into a business takes the right infrastructure, wisdom and a community that has your back. If we want to build for the next billion, we must empower the next million builders,' said Arif Khan, chief innovation officer, Razorpay. 'This partnership with MeitY Startup Hub is about giving early-stage founders the tools, authentic mentorship and confidence to build boldly.' Under this partnership, all startups associated with MSH will gain access to Razorpay Rize, the company's flagship initiative dedicated to empowering early-stage startups. Through Rize, startup founders will benefit from a seamless company incorporation experience, with priority support for registering as a private limited company, limited liability partnership (LLP) or one-person company (OPC). They will also gain access to a suite of founder-first resources designed to help formalise and grow their ventures with ease and efficiency. This includes support for Y Combinator applications, expert-led pitch deck reviews, comprehensive founder toolkits and a dedicated content hub. Every quarter, a cohort of startups shortlisted by Rize will also gain access to the exclusive Razorpay Rize Community, featuring curated peer networks, mentorship from Razorpay experts and ecosystem leaders. Benefits include a verified founder directory and invitation-only masterclasses focused on navigating the early stages of building and scaling a startup. To further support operational readiness, startups will also receive exclusive credits across Razorpay's product suite, including its payment gateway, business banking platform and payroll management solution — providing financial infrastructure from day one. This partnership forms part of Razorpay's broader effort to support entrepreneurs across India, including in emerging cities. Beyond MeitY Startup Hub, Razorpay has partnered with state governments such as Rajasthan, Assam and Kerala to deliver region-specific programmes tailored to local startup needs.
Time of India
14-05-2025
- Business
- Time of India
Delhi Police arrests MBA graduate from Bengaluru and CA from Patna for duping IT ministry of over Rs 3 crore
The Economic Offences Wing (EOW) of Delhi Police has arrested two men, including an MBA graduate and a chartered accountant, for allegedly misusing over Rs 3 crore meant for startups under a government scheme. The funds were released by the Ministry of Electronics and Information Technology (MeitY) through its Startup Hub, a TOI report stated. Complaint from MeitY Startup Hub triggered probe According to the police, the case was registered after the MeitY Startup Hub (MSH) filed a complaint regarding the suspected misuse of funds under the SAMRIDH scheme . The accused have been identified as Prashant Agarwal (34), an MBA graduate from Bengaluru, and Sudhanshu Kumar Rakesh (35), a chartered accountant from Patna. Accelerator misused role and created fake papers Under the SAMRIDH scheme, accelerators are selected to support startups by providing funding and structured help. Agarwal, as director of a not-for-profit society, was appointed as one of the accelerators. His organisation proposed to support eight startups and committed to funding them. Continue to video 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Skip Ads by by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Discover the 18 Most Jaw-Dropping Luxury Hotel Pools Around the World! Click Here Based on this proposal, MSH released over Rs 3 crore to the organisation. However, police said the funds were never passed on to the startups. Instead, fake utilisation certificates were submitted to MSH. These documents, which claimed the funds had been used properly, carried the name and seal of CA Rakesh. Forgery used to cover up fund misuse, say police An officer said, 'The documents were used to mislead MSH and cover up the misappropriation of govt funds meant for startup development.' Live Events Accused arrested from Bengaluru and Patna Amit Verma, Deputy Commissioner of Police (EOW), said, 'Agarwal was arrested in Bengaluru, and based on his disclosure, Rakesh, his alleged co-conspirator, was arrested in Patna.' The investigation into the alleged diversion and misuse of government funds is ongoing.
