Paytm (One97 Communications Limited), India’s leading merchant payments and financial services distribution company, has announced a strategic partnership with Groq, the U.S.-based leader in real-time AI inference. The collaboration aims to accelerate Paytm’s AI-driven ecosystem by integrating Groq’s purpose-built Language Processing Unit (LPU) technology to enhance performance, scalability, and cost-efficiency across its payments and financial services platforms.
Transforming Payments with Real-Time AI
Under this partnership, Paytm will deploy GroqCloud powered by Groq’s proprietary LPU to deliver real-time AI inference at unprecedented speed and efficiency. Compared to traditional GPU-based systems, Groq’s architecture promises faster data processing and significantly lower computational costs. This will enable Paytm to strengthen key operational areas, including transaction processing, risk modeling, fraud detection, and customer personalization ensuring more reliable and intelligent digital payment experiences.
Leadership Speaks on the Collaboration
Narendra Singh Yadav, Chief Business Officer at Paytm, emphasized the company’s long-term focus on embedding intelligence into its financial ecosystem. “We have been steadily advancing our AI capabilities to make payments faster, more reliable, and deeply intelligent. This collaboration with Groq strengthens our technology foundation by enabling real-time AI inference at scale. It marks another step in our journey to build India’s most advanced AI-driven payment and financial services platforms,” he said.
Scott Albin, GM of APAC for Groq, echoed this sentiment, highlighting the shared vision between the two companies. “Groq is proud to support Paytm in driving real-time AI innovation at national scale. Our mission is to deliver broad compute capacity to address complex global challenges through AI and Paytm’s ambition aligns perfectly with that vision.”
The Road Ahead: Building India’s AI-Powered Financial Core
Paytm has already embedded AI into multiple layers of its ecosystem, from fraud prevention and customer onboarding to hyper-personalized recommendations. With Groq’s LPU integration, the company is positioned to lead India’s next wave of intelligent, scalable, and real-time financial technology.
This partnership signifies more than a technological upgrade it marks Paytm’s continued evolution toward becoming India’s most data-intelligent payments ecosystem, setting new benchmarks for speed, security, and smart scalability in financial services.
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