Paytm Unveils Made-in-India AI Soundbox for Atmanirbhar Bharat
- Vijay Shekhar Sharma presents Paytm’s AI Soundbox to Minister Piyush Goyal
- Device aims to empower small shopkeepers with AI powered business tools
- Paytm reinforces leadership in merchant tech with homegrown innovation
Vijay Shekhar Sharma, CEO and founder of Paytm, showcased the company's latest innovation, the AI powered Soundbox, to Union Commerce Minister Piyush Goyal, reaffirming Paytm’s support for the Atmanirbhar Bharat initiative.
In a post on social platform X, Sharma said it was a privilege to present the Made-in-India technology, emphasizing Paytm’s mission to build smart AI tools for small and micro businesses. He called the AI Soundbox a major leap from a simple payment device to a smart, AI enabled business assistant.
Sharma likened the evolution of payment tools to phones, “QR was like a rotary phone, Soundbox a cellular, and this AI Soundbox is a smartphone”, he wrote. He added that the device brings 'superhuman capabilities' to small business owners by merging payment alerts with real-time business insights.
The Paytm AI Soundbox is the company’s next step after leading the QR and Soundbox revolution in India. It integrates payment data and business tools, offering shopkeepers insights and support at the counter. This innovation reflects Paytm’s push to make advanced technology more inclusive and accessible.
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Backed by a recent Emkay Global report, Paytm continues to lead in the merchant ecosystem with strong omnichannel presence and deep data insights. The AI Soundbox strengthens its position as a homegrown fintech pioneer, competing with players like Pine Labs.
With this device, Paytm continues its mission to empower every Indian business with smart, secure, and scalable digital tools.
