Razorpay launches AI-powered co-founder service on April 1st

The initiative comes at a time, when India is witnessing a sharp rise in entrepreneurial spirit and an increased adoption for AI

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  • Storyboard18,
| April 3, 2023 , 12:42 pm
Accenture announced in June 2023 that the company would invest $3 billion in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience.(Representational image by Phillip Glickman via Unsplash)
Accenture announced in June 2023 that the company would invest $3 billion in its Data & AI practice to help clients across all industries rapidly and responsibly advance and use AI to achieve greater growth, efficiency and resilience.(Representational image by Phillip Glickman via Unsplash)

Razorpay, India’s leading full-stack payments and banking platform for businesses, launched an Industry-first & World’s Only AI powered Co-Founder Service on 1st of April. With an interactive life-like element, this service will allow human founders from any domain or sector, to help find their ideal match as an AI co-founder. The AI Co-founder is based on an intelligence that does not replace human thinking but augments it significantly, who with its ‘facial recognition and predict technology’ can predict anything and help build and scale a disruptive business, beyond imagination. 

According to a recent survey conducted by Razorpay, about 62 percent of respondents feel that their human co-founder more than always disagrees with their innovative and ambitious ideas, calling the ideas not too brilliant enough to build scale. Another set of 48 percent of respondents shared that they are unable to find a compatible business partner. Now with this service by Razorpay, founders will be able to not just have any co-founder but one that can build to scale as many ideas as possible, one that can predict your investor’s concerns and give them the right answers. And before you realise it, you’ve already raised funds and become a Unicorn! And the most important part, the AI-Co has no interest in your equity or money, it only cares about record-breaking developments, whether it’s the stock-market or on Twitter. 

Excited to launch a product such as this, Razorpay spokesperson said, “I consider this as one of our biggest revolutionary inventions thus far. We believe we have found the perfect match for a human co-founder, one who will devote it’s entire attention, 24*7 to you, as it has zero personal life, commitments or obligations to society. The AI-Co will solve for your love for procrastination. So, while you’re still deliberating on a brilliant idea, the AI-Co has already pitched it to investors and launched three new products out of that one idea! That’s the power of AI. Yes, it can be terrifying if you waste it, so don’t.” 

The spokesperson added, “At Razorpay, we continue to develop many firsts in the industry and we believe this one will disrupt industries and transform the world, like never before.”

Here’s what the human co-founders have to say.

Razorpay’s path-breaking AI co-founder service comes at a time when India is witnessing a stark rise in entrepreneurial spirit, and startup founders are desperate for innovative ideas that will help them co-create a digital India, whilst bringing it to the world map.

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