Updated
Updated · TechCrunch · Aug 18
Perplexity India Revenue Jumps 60% After $200 Free AI Offer Expires
Updated
Updated · TechCrunch · Aug 18

Perplexity India Revenue Jumps 60% After $200 Free AI Offer Expires

3 articles · Updated · TechCrunch · Aug 18

Summary

  • Sensor Tower estimates Perplexity’s India in-app purchase and subscription revenue rose about 60% from February to mid-August, even as the earliest free Airtel subscriptions began expiring last month.
  • 3.3 million downloads in India between February and July were down more than 90% from the prior six months after new redemptions closed in January, but monthly active users still held near 14 million in July.
  • 9% higher average daily revenue from July 18 to August 12 than in the prior 30 days suggests some post-trial spending, though auto-renewal means some users may have been charged without actively choosing to subscribe.
  • 56 million downloads during the seven-month Airtel promotion and a peak of 22 million monthly users in October show how sharply the giveaway changed Perplexity’s scale in India.
  • India is becoming an early proving ground for AI bundling: OpenAI and Google later launched similar free offers, and Perplexity’s renewals are the first large test of whether free premium access can turn into paying users.

Insights

Will Perplexity's revenue surge vanish once Indian users realize they forgot to cancel their auto-renewing subscriptions?
Could aggressive telecom bundles and hidden retention discounts ultimately devalue premium AI products in massive emerging markets?
Are AI giants merely renting their user bases, or can free giveaways truly build lasting tech monopolies?