ReferIndia News UP govt scraps ₹25,000 crore MoU with Bengaluru-based Puch AI citing credibility concerns

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UP govt scraps ₹25,000 crore MoU with Bengaluru-based Puch AI citing credibility concerns

Published on: March 27, 2026, 5:32 p.m. | Source: Livemint

Uttar Pradesh has rescinded a ₹25,000 crore MoU with Puch AI, citing financial credibility issues. The review process indicated that the startup could not meet the necessary financial requirements, prompting immediate termination of the agreement to maintain integrity in governance.

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