magicpin targets 10 lakh merchants on AI assistant Vera by 2026
After onboarding 5 lakh restaurants and retailers in three months, magicpin is doubling down on Vera, its AI merchant assistant offering real-time order insights. Backed by a $1 million AI investment, the platform spans 25+ verticals across 300+ cities and has logged 50 lakh interactions.
What happened
Magicpin · magicpin aims to scale its AI merchant assistant Vera to over 10 lakh merchants by end-2026, after onboarding 5 lakh restaurants and retailers within
Key facts
- 10 lakh merchants by 2026
- 5 lakh merchants onboarded
- 50 lakh interactions
- 25+ business verticals
- 300+ cities
- $1 million AI investment
Why this matters
magicpin's 25+ vertical, 300+ city footprint with an embedded AI assistant makes it a strategic wedge for any player seeking distribution into India's long-tail merchant base.