Paytm Partners with Perplexity AI to Bring Real-Time AI Search to Millions of Indian Users

Summary: Paytm has partnered with AI startup Perplexity AI to integrate real-time AI-driven search capabilities into its app, enhancing financial literacy and digital interactions for millions of Indian users. The new feature allows users to ask financial questions, explore topics in local languages, and receive trusted responses. Paytm CEO Vijay Shekhar Sharma highlighted AI’s role in transforming decision-making, while Perplexity AI’s CEO Aravind Srinivas expressed excitement about expanding AI access in India. This collaboration aligns with Paytm’s mission to drive innovation and financial inclusion through cutting-edge technology.

Gurugram-based fintech leader Paytm has announced a strategic partnership with San Francisco-based AI startup Perplexity AI to integrate advanced, real-time search capabilities into its app. This collaboration aims to harness the power of artificial intelligence to benefit millions of Indian consumers, enhancing their access to information and financial services.

The integration of Perplexity’s AI-driven search engine will enable Paytm users to pose everyday financial questions, explore various topics in local languages, and receive prompt responses backed by trusted sources. This feature is designed to support informed decision-making, improve financial literacy, and make digital interactions more seamless for users across India.

Vijay Shekhar Sharma, Founder and CEO of Paytm, emphasized the transformative impact of AI on information access and decision-making: “AI is transforming the way people access information and make decisions. With Perplexity, we are bringing the power of AI to millions of Indian consumers, making knowledge and financial services more seamless and accessible.”

Aravind Srinivas, CEO and Co-founder of Perplexity AI, expressed enthusiasm about the partnership: “We are thrilled to partner with Paytm, a pioneer and innovator in India’s mobile payment revolution. Our AI-powered search technology will help bring real-time, trusted answers to millions, enabling them to make informed decisions effortlessly.”

This collaboration signifies a significant advancement in integrating AI-driven intelligence into mobile payment platforms, aligning with Paytm’s broader vision of leveraging technology to drive inclusion and innovation. By making AI an integral part of everyday life, Paytm aims to empower users with real-time insights, thereby enhancing digital literacy and financial well-being across the nation.

Last Updated on Thursday, February 27, 2025 5:29 pm by Aarti Kumari

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