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.

— Filed Sun, 14 Jun, 2026, 11:03 IST · Source The Hindu BusinessLine · Updated

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 three months. The platform offers real-time order insights and is backed by a $1 million AI investment.

Why this matters

magicpin is scaling Vera from a pilot tool into core merchant infrastructure, doubling its onboarded base toward 10 lakh as it pushes real-time order insights across 25+ verticals and 300+ cities.

Omni-channel activity steady with 287 signals in the last 90 days.