Powered by

Advertisment
Home Startup News

Ola Founder Bhavish Aggarwal Launches Krutrim AI Labs With Rs 2,000 Cr Investment

Ola Founder Bhavish Aggarwal has announced an investment of Rs 2,000 crore into his AI startup Krutrim and plans to invest another Rs 10,000 crore by next year.

By Aryan Sharma
New Update
Ola Founder Bhavish Aggarwal Launches Krutrim AI Labs With Rs 2,000 Cr Investment1

Ola Founder Bhavish Aggarwal has announced an investment of Rs 2,000 crore into his AI startup Krutrim and plans to invest another Rs 10,000 crore by next year.

Krutrim's goal is to improve AI for india by focusing on indian languages, limited data and cultural differences. 

This announcement comes after the Chinese startup DeepSeek launched its new AI model, DeepSeek-R1, which offers similar performance to Western AI giants at a much lower cost.

Read also- Hair Originals Secures $5 Mn Funding In Series A Round

"While we’ve been working on AI for a year, today we’re releasing our work to the open-source community and also publishing a number of technical reports. Our focus is on developing AI for India—to improve AI for Indian languages, data scarcity, and cultural context," Aggarwal shared on X (formerly Twitter).

“We’re nowhere close to global benchmarks yet but have made good progress in one year. And by open sourcing our models, we hope the entire Indian AI community collaborates to create a world class Indian AI ecosystem. We’re still learning to walk before we can run, hopefully within this year," he added.

As part of its open-source effort, Krutrim is releasing several AI models, such as Krutrim 2 (an upgraded language model), Chitrarth 1 (a Vision Language Model), Dhwani 1 (a Speech Language Model), Vyakhyarth 1 (an Indic embedding model) and Krutrim Translate 1 (a text-to-text translation model). The company has also launched BharatBench, a benchmark to evaluate AI performance for Indian languages.

Krutrim is building India's first GB200 AI supercomputer in partnership with NVIDIA, which is expected to be ready by March. By the end of the year, it aims to be the largest AI supercomputer in India.

Although Krutrim has grown rapidly in just a year, Aggarwal highlighted that India still has a long way to go in AI. Krutrim hopes to promote collaboration and strengthen India's AI ecosystem through open-sourcing its models.

Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:

Startup Funding and StoriesDiscover Funding Trends and Stories Shaping Indian Startups.

Startup Funding NewsYour Gateway to Every Funding Update.

Latest Startup NewsStay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup StoriesDiscover inspiring tales of startups overcoming challenges and achieving success.