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Ola founder’s AI startup becomes unicorn in $50M funding

Jan 26, 2024over 1 year ago

Amount Raised

$50 Million

IndiaNatural Language ProcessingLanguage LearningMachine LearningArtificial Intelligence

Investors

Matrix Partners India

Description

Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, has raised a $50-million first funding round led by Matrix Partners India, valuing it at $1 billion and making it the first Indian AI startup to become a unicorn.

Company Information

Company

Krutrim

Location

India

About

Krutrim is an AI startup founded by Ola founder Bhavish Aggarwal, aiming to build a large language model trained on local Indian languages as well as English. The startup plans to launch a conversational AI assistant that understands and speaks multiple Indian languages.

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