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Paytm launches new soundbox with digital display

Paytm has launched the Mahakumbh Soundbox, an upgraded payment device with a digital screen for instant visual payment notifications.

Introduced by founder and CEO Vijay Shekhar Sharma at the Startup Mahakumbh event on Apr. 4, the device features 4G connectivity, a 3-watt speaker, and up to 10 days of battery life.

It supports 11 languages, making it more accessible for merchants across India.

Unlike earlier models that only offered audio alerts, this soundbox provides real-time visual updates on payments.

As part of its strategy to boost revenue, Paytm has started monetizing soundboxes through brand audio ads. The company aims to become profitable by Q1 FY26.

Recent Paytm developments

Timeline
10-Mar-2025 📈 Paytm issues equity shares worth $665k
  • Paytm issues 84,793 shares under stock options.
  • New shares valued at ₹5.8 crore (US$665,510).
28-Feb-2025 🤖 Paytm, Perplexity partner to add AI search in payment app
  • Paytm partners with Perplexity for AI features.
  • New AI search bar offers personalized financial insights.
18-Feb-2025 💰 Paytm targets profit in 2026 with credit focus
  • Paytm aims for profitability by Q1 2026.
  • New SBI Mutual Fund partnership for SIP investments.
03-Feb-2025 💼 Paytm subsidiary acquires 25% stake in US fintech for $1m
  • Paytm Cloud buys 25% of US fintech Seven Tech.
  • One97 stock rises 1% post-announcement.
28-Jan-2025 🚀 Paytm Payments CEO to step down in March

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