Krutrim, founded by Ola founder Bhavish Aggarwal, has soared to India’s first billion-dollar AI startup status. Securing funding boosted it into the exclusive unicorn club, creating a buzz in the tech industry. Krutrim, a relatively young startup founded just last year, proudly asserts itself as the fastest to attain unicorn status in India. Additionally, it is the country’s inaugural AI startup to achieve unicorn status, marking a significant leap for the Indian tech ecosystem.
The Vision Behind Krutrim
The startup, named after the Sanskrit word for “artificial,” is on a mission to develop a large language model trained in English and various local Indian languages. Krutrim aims to introduce a voice-enabled conversational AI assistant proficient in multiple Indian languages, offering a localized and inclusive AI experience.
When will Krutrim be Launched?
Krutrim is gearing up to unveil the beta version of its chatbot next month, introducing users to the prowess of its linguistic AI model. Following this, the startup plans to roll out APIs to developers and enterprises, fostering a broader integration of its innovative AI solutions. Additionally, it is venturing into chip development with plans to design chips optimized for AI computing.
Also Read: Know All About Google’s Latest AI Partnership with Hugging Face
Bhavish Aggarwal’s Portfolio
Bhavish Aggarwal has started three businesses. Ola is the first and dominates ride-hailing in India. Ola Electric leads in two-wheeler EVs. Now, with Krutrim, he’s diving into AI, showing his commitment to developing India’s own AI capabilities.
Our Say
As Krutrim successfully concludes its first funding round, Bhavish Aggarwal underscores its commitment to build India’s first complete AI computing stack. This not only validates Krutrim’s innovative AI solutions but also signals investor confidence in India’s impactful role in the global AI landscape. The investment aligns with global anticipation of AI breakthroughs. Krutrim’s unicorn status reflects India’s growing prowess in AI innovation, symbolizing a future where India pioneers AI excellence.
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