Key facts
- Magicpin's AI assistant Vera has onboarded over 5 lakh merchants in three months.
- The company aims to reach over 10 lakh merchants with Vera by the end of 2026.
- Vera provides real-time order-volume insights to restaurants and retailers.
- Bengaluru has the highest adoption rate with over 1.23 lakh merchants using Vera.
- Magicpin is investing USD 1 million in its AI stack, including Vera.
Magicpin, a food delivery and e-commerce platform, is significantly expanding the reach of its AI assistant, Vera. The company announced its intention to more than double Vera's merchant base to over 10 lakh by the end of 2026. This ambitious target follows a rapid onboarding of more than 5 lakh restaurants and retailers within the first three months of Vera's launch.