Paytm launched AI Cloud services in partnership with tech giant Alibaba .
Paytm AI Cloud provides high quality cloud computing solutions and ready-to-use services to automate their workflow, easy to integrate payments, messaging and customer engagement without the hassle of managing hardware and software, Paytm parent .
Paytm AI Cloud processes and stores all their consumer data locally in servers located only in India, the company said.
“At Paytm, we have always ensured the highest standards of customer data privacy and security. Our customers data is processed and stored locally in India with no access to any third party or investors,” said Sujit Kumar Mishra, Vice President, Paytm.
Paytm said its AI Cloud platform offers in-built CRM (customer relationship management), campaign management and easy to integrate payment solutions.
The platform has also built various tech solutions for the enterprises that includes an affordable, easy-to-access computing services, ready-to-use apps, pattern recognition tech, pre-trained models and predictive computation to businesses.
Paytm said it partnered with Alibaba for cloud computing infrastructure and would soon offer enterprise-messaging solution in partnership with enterprise communication and collaboration platform DingTalk.
Paytm said in its blog
Our aim is to enable the future-of-work with Cloud Computing, AI and mobility-driven-innovation.