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Sinha, currently an independent director at Airtel Payments Bank, will take charge from October 1 for a three-year term.
We write how Airtel's entry into the lending space may be giving sleepless nights to incumbents and fintech NBFCs; and what happens to 'Responsible AI' frameworks under pressure...
Airtel will bring in 70% of the funds and promoter group Bharti Enterprises Ltd will cover the remaining 30%.
This marks Perplexity’s first partnership with an Indian telecom company.
The Gurugram-based company's revenue also saw a significant jump of 58%, rising to Rs 674 crore from Rs 427 crore in Q2 FY24.
