Current Affairs Business

Paytm Partners With Alibaba

Category : Business

  Digital payments firm Paytm has partnered with China's Alibaba to launch AI-based cloud computing platform 'Paytm AI Cloud'. The platform will offer business-centric apps to developers, startups and enterprises that need cloud-computing solutions including customer engagement and easy-to-integrate payments. It will process and store all consumer data locally in servers located only in India. The company has committed around Rs 250 crore in this business. 
Source- The Tribune


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