Facebook and NASSCOM sign MoU to Support Start-Ups

Facebook and the trade body of Indian IT firms ‘National Association of Software and Services Companies (NASSCOM)’ has signed an agreement to build a product design initiative to engage the country’s young entrepreneurs into becoming problem solvers and solution builders.

This MoU is likely to propel innovative thinking and approaches to build solutions in key sectors where technology can play a transformational role. The idea is to ensure that at least 500 plus product start-ups get enabled tools programs, more than 5,000 design thinking professionals to get paid and at least 50 or more award winning product should come out of this whole initiative.


So now let’s discuss some questions related to this post which can be asked in the upcoming exams :
1. Name the company which has signed an MoU to support young entrepreneur and start-ups ?
2. Expand the term NASSCOM ?





Courtesy : Economic Times

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