Shares of Paytm's parent company, One 97 Communications Limited, rose more than 2% on Aug 22.
Paytm plans to invest in AI for an advanced general intelligence system to combat risks and fraud in financial institutions.
CEO Vijay Shekar Sharma envisions India as a net exporter of payment tech, benefiting 500M consumers and 100M merchants.
Paytm's lending platform reduces losses, disburses ₹15,000 crore in loans, and gains 8M merchant subscriptions.
Paytm's Soundbox facilitates UPI payments with QR codes, contributing to its competitive success, and leading to its competitors follow suit.
At 13:30 pm, Paytm's stock traded at Rs 855.30, up 2.07% from the previous close on the NSE.