Krutrim, the AI startup co-founded by OLA CEO Bhavish Aggarwal, has attained unicorn status with a significant $50 million funding round. Led by Matrix Partners India and other prominent investors, this investment values Krutrim at a remarkable $1 billion, marking India's first AI unicorn. Despite launching its language model just a month ago, Krutrim, whose name translates to "artificial" in Sanskrit, is not limiting itself to language models.
The startup is deeply engaged in the development of data centers and aims to manufacture servers and supercomputers tailored for the AI ecosystem. Krutrim recently announced the successful completion of its inaugural funding round on LinkedIn, marking a historic milestone for the company and a notable accomplishment for India's tech sector.
Bhavish Aggarwal, the Founder of Krutrim, expressed his enthusiasm for building India's complete AI computing stack, stating, "India has to build its own AI, and at Krutrim, we are fully committed towards building the country’s first complete AI computing stack."
Leveraging a dataset of over 2 trillion tokens, with a specific emphasis on Indian data, Krutrim drives generative AI applications across diverse Indian languages. The company's linguistic expertise extends to conversational AI assistants proficient in comprehending and conversing fluently in multiple Indian languages.