Timestech - Basiz Fund Services Spreads its Wings to North East India; Signs MoU with Government of Tripura

Timestech -- Basiz Fund Services, India's sole global fund administrator embarked on a new journey by signing a Memorandum of Understanding (MoU) with Government of Tripura in presence of Shri. Manoj Kanti Deb, Minister of Industries, Government of Tripura; and Shri Dr. P.K. Goyal, Principal Secretary Industry, Government of Tripura.

The first-ever two-day investment summit, 'Destination Tripura' organized by the Department of Industries and Commerce, Government of Tripura with the active support of the Indian Chamber of Commerce (ICC) and Invest India garnered immense enthusiasm among the investors community and received a business investment of Rs. 2,564 crores from different private partners.

Basiz Fund Services participated in the Summit under the ITeS category. The MoU aims to build state-of-the-art ITeS centre with world-class facilities in Tripura. This investment will generate substantial employment opportunity in the state, with direct employment for 100 people.