Amount Raised
$50 Million
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech