Magicpin targets 10 lakh merchants on Vera AI assistant by end-2026
After onboarding 5 lakh restaurants and retailers in three months across 300+ cities, Magicpin is doubling down on its Vera AI assistant with a USD 1 million investment. Bengaluru leads adoption at 1.23 lakh merchants, followed by Delhi at 1.08 lakh, spanning 25 business verticals and 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 in
Key facts
- 10 lakh merchants by 2026
- 5 lakh merchants onboarded
- 50 lakh interactions
- 25 business verticals
- 300+ cities
- USD 1 million AI investment
- Bengaluru 1.23 lakh
- New Delhi 1.08 lakh
Why this matters
Magicpin's rapid Vera rollout creates partnership and acquisition optionality in merchant AI tooling—evaluate whether to integrate, white-label, or counter-position before the 2026 scale milestone hardens their lead.