One 97 Communications (Paytm) has issued a clarification regarding a media report titled “Paytm Bets on Workplace AI Agents in Pivot Beyond Payments.” The company stated it has been investing in and developing artificial intelligence capabilities as part of its ongoing business initiatives, including potential “revenue optimization journey of AI.” This information was previously disclosed in its earnings release and transcript for Q1 FY27.
Paytm Addresses Media Report on AI Initiatives
One 97 Communications, the parent company of Paytm, has responded to a recent article published by Bloomberg India concerning its involvement in artificial intelligence. The article, titled “Paytm Bets on Workplace AI Agents in Pivot Beyond Payments,” prompted the company to issue a clarification to the stock exchanges.
Confirmation of AI Investments
In its official statement, One 97 Communications confirmed that it has been actively investing in and developing artificial intelligence capabilities. These efforts are described as part of its ongoing business initiatives, which include exploring potential avenues such as a “revenue optimization journey of AI.” The company emphasized that this strategic focus on AI has been previously disclosed to stakeholders.
Prior Disclosure and Compliance
The company highlighted that the details regarding its AI investments and strategies were already shared in its earnings release and the transcript of its earnings call for the Q1 FY27 period. These disclosures were submitted to the stock exchanges on July 27, 2026. One 97 Communications asserted that the media report does not contain any undisclosed material events or information requiring a new disclosure.
Commitment to Transparency
One 97 Communications reiterated its commitment to complying with all applicable disclosure obligations. The company assured that it will continue to make appropriate disclosures as and when required under relevant regulations. This clarification underscores the company’s ongoing efforts to maintain transparency with investors and the market.
The disclosure will be hosted on the company’s investor relations website at https://ir.paytm.com/.
Source: BSE
