Paytm, a leader in mobile payments and financial services in India, has announced a strategic partnership with Groq, a U.S.-based company specializing in real-time AI inference. This collaboration aims to enhance AI efficiency by 50% by integrating Groq's purpose-built LPU technology into Paytm's infrastructure. With this advancement, Paytm will leverage GroqCloud to enable faster and more cost-effective AI inference, surpassing traditional GPU-based systems. This partnership is expected to significantly improve Paytm's transaction processing, risk assessment, fraud detection, and customer engagement capabilities.

The announcement, made on November 5, 2025, highlights Paytm's commitment to advancing its AI capabilities to provide intelligent and reliable payment experiences. Narendra Singh Yadav, Paytm's Chief Business Officer, emphasized that the collaboration strengthens the company's technological foundation and marks a crucial step in building India’s most advanced AI-driven payment and financial services platform. Scott Albin, GM of Groq for APAC, echoed this sentiment, stating that Groq is dedicated to driving real-time AI innovation at a national scale, aligning their mission closely with Paytm's ambitions.

Paytm has been at the forefront of deploying AI across various operational areas, including risk modeling and fraud prevention, as part of its mission to serve half a billion Indians and integrate them into the mainstream economy. With Groq’s technology boosting its infrastructure, Paytm is poised for scalable data-driven growth in payments and financial services, setting the stage for a future where its AI capabilities can meet the demands of an increasingly digital economy. This partnership not only enhances Paytm's service offerings but also reinforces its position as a pioneer in the evolving landscape of financial technology.