Archive · 10 Dec 2025
Setu Launches AI-Powered Bill Payment System
Setu, a company owned by Pine Labs, has launched a new AI system that helps people pay their bills automatically.
This system is available on two popular AI platforms, Claude and ChatGPT.
It helps users track their bills, find any mistakes, and pay them on time.
The system is designed to be safe and only pays bills according to the rules set by the user.
Pine Labs' stock price went up slightly after this announcement.
The company also reported a profit for the second quarter of the fiscal year, which is a big improvement from the same time last year.
Setu, a subsidiary of Pine Labs, launched an AI-powered bill payment system on Anthropic's Claude and OpenAI's ChatGPT.
The system automates the tracking of monthly utility bills and ensures timely payments while maintaining user control.
The AI assistant addresses challenges like incorrect charges and missed due dates by comparing bills with past patterns.
Pine Labs' stock price closed 0.69% higher at Rs 242.45 on the BSE.
Pine Labs reported a consolidated net profit of Rs 5.97 crore for Q2 FY26, a significant improvement from a loss of Rs 32.01 crore in the same period last year.
- Who
- Setu, a subsidiary of Pine Labs
- What
- Launched an AI-powered bill payment system
- When
- Announced on Tuesday
- Where
- India
- Why
- To automate manual tracking of monthly utility bills
- Company
- Pine Labs
- Subsidiary
- Setu
- AI Platforms
- Anthropic's Claude, OpenAI's ChatGPT
- Stock Price
- Rs 242.45 (up 0.69%)
- Q2 FY26 Profit
- Rs 5.97 crore
- Q2 FY26 Revenue
- Rs 649.90 crore (up 18% YoY)