Paytm launches its own AI cloud for India
Paytm launches its own AI cloud for India

One97 Communications controlled Paytm has made launch announcement of its AI Cloud computing platform “Paytm AI Cloud for India” catered to developers, startups and enterprises.

The platform aims at facilitating business-centric apps for organizations that need high-quality solutions for cloud computing, automate their workflow, easy payments, messaging and customer engagement without the hassle of managing hardware and software. The company plans to invest Rs 250 crore in this business.

In a statement to the press, the company has informed that Paytm AI Cloud processes and stores all their consumer data locally in servers located only in India while conforming to the highest security and privacy standards.

“Every new-age organisation needs better collaboration and workflow automation tools to become more productive and efficient. Paytm AI Cloud packages all these into one; saving organisations time, money and resources, so they are able to better focus on building products that change the world.” said Sujit Kumar Mishra, vice president, Paytm.

 

 
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