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One 97 Communications enters into partnership with Groq

05 Nov 2025 Evaluate

One 97 Communications (Paytm) has entered into a partnership with Groq, the U.S.-based leader in real-time AI inference, to bring fast, intelligent, and cost-efficient AI to its platform. Under this collaboration, Paytm and its associate entities will deploy GroqCloud, powered by Groq’s purpose-built LPU, to achieve significantly faster, more cost-efficient and scalable AI inference compared to conventional GPU-based systems. This advancement will support Paytm’s ongoing work in building high-performance AI models that enhance transaction processing, risk assessment, fraud detection, and customer engagement across its platform.

Paytm has been deploying AI across areas such as risk modeling, fraud prevention, customer onboarding, and personalization. With Groq’s technology enhancing its infrastructure, Paytm is building a strong technological foundation for the next phase of intelligent and scalable data-driven growth across payments and financial services.

One 97 Communications is India's leading mobile payments and financial services distribution company. Pioneer of the mobile QR payments revolution in India, the company builds technologies that help small businesses with payments and commerce.


One97 Communications Share Price

1148.30 8.90 (0.78%)
16-Apr-2026 16:59 View Price Chart
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