Paytm has teamed up with an AI-powered search platform, Perplexity, to bring the power of AI to the Indian consumers. With this partnership, Paytm is adding a search feature powered by Perplexity to its app.
According to the company’s blog post, this collaboration marks a major step toward integrating AI-driven intelligence into mobile payments and enabling users to get real-time financial assistance within the Paytm app.
This will meet the growing demand for digital solutions and improve digital literacy, according to Paytm. The integration of AI-powered search in the app will allow users to ask daily questions, explore topics in their local language, and make informed financial decisions.
Vijay Shekhar Sharma, Founder and Chief Executive Officer of Paytm said, “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, expressed his excitement 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 is a step towards a future where AI enhances everyday interactions and digital experiences for all,” he said.