Perplexity offers users free access to Indian stock market and crypto data

US-based artificial intelligence powered search engine company Perplexity has launched free access to financial data around Indian stock exchanges and all listed companies through its Finance tab. Currently Perplexity’s home page hosts three tabs: finance, travel and education.

In a statement shared with ET, the company said that its Indian users can catch up on markets, deep-dive into BSE and NSE-listed stocks, and track Indian company earnings through Perplexity Finance.

Users can search for stock prices of particular companies, search for historical data and also track company earnings. The company is hoping that retail investors can build their market positions on the basis of these data sets.


The company offers a summary of the market trends and also offers in-depth company-wise coverage.

Besides stock market data, the platform is also offering data around the crypto industry, sourcing it from Coinbase.

The company is offering these data sets and insights free of cost to Indian users.

A lot of this data is offered by stock brokers and money managers for a fee. It remains to be seen how Perplexity’s offerings will shake this up in the near and short term.

“Much of the information you (can) find in Perplexity Finance exists behind a paywall on other platforms — such as historical price and volume data, natural-language stock screening and live company earnings,” said Jeff Grimes, head of the live events product at Perplexity. “Perplexity makes it available to all users for free.”

While Grimes did not share any specific business numbers, he spoke about how usage of Perplexity Finance has grown over eight times since the launch of the product earlier this year.

This development comes at a time when Perplexity, founded by Chennai-born entrepreneur Aravind Srinivas, has been doubling down on its India-focused businesses. It recently partnered with telecom major Airtel to provide its AI-powered search engine Perplexity Pro free of cost to around 360 million Airtel users.

The company said that it is building India-focused solutions to cater to the needs of the large Indian market.

Grimes explained that the portal has been designed in a manner that enables any stock market or finance enthusiast to access it and make sense of stock exchange data and stock market movements.

Bloomberg reported in July, citing sources, that Perplexity had raised a $100 million funding round valuing the startup at $18 billion. The company has been in the news for its $34 billion bid to acquire Google’s popular web browser Chrome.