New Delhi: Digital payments and financial services company Paytm has placed order for 21,000 oxygen concentrators which will be made available from the first week of May in the country, a company spokesperson said on Wednesday.The company has raised Rs 5 crore contribution from the public and matched the same amount taking the total kitty to Rs 10 crore for procurement of oxygen concentrators (OCs) which filter out oxygen from air and help patients with mild breathing issues. "Paytm Foundation has already placed an order for importing 21,000 OCs to provide immediate relief. Our founder Vijay Shekhar Sharma is leading a dedicated team with medical expertise to push forward and streamline company-wide Covid relief measures," the company spokesperson told .These devices would be immediately sent to government hospitals, COVID care facilities, private hospitals, nursing homes as well as Resident Welfare Associations , the spokesperson said. Patients have been running for oxygen and have been reporting about shortage of breathing equipment in Delhi NCR area.Hospitals in the region have reported loss of life because of several factors including oxygen shortage.Several oxygen vendors in the Delhi NCR area have said that they have run out of oxygen cylinder stocks.Following overwhelming support and contribution from people across the country, Paytm is now aiming to raise over Rs 14 crore to source over 3,000 OCs over the next few days. "Paytm aims to become the destination for other organizations & enterprises to procure OCs," the spokesperson said.

Source: Economic Times April 28, 2021 10:42 UTC