Perplexity’s India revenue hits $156,000 a month after Airtel giveaway ends

Perplexity's India mobile revenue reached $156,000 a month in July 2026 after free Airtel Pro subscriptions expired, but downloads fell by more than 90%. The sharp drop in engagement signals adoption and retention risks that could indirectly affect mobile distribution for crypto and DeFi services and raises concerns for fundraising and token launch strategies tied to user growth.