February 4, 2025:
Bhavish Aggarwal Fuels Indian AI Startup Krutrim - Ola founder Bhavish Aggarwal is investing $230 million in his AI startup Krutrim, which specializes in Indian language LLMs. This investment aligns with Krutrim's strategy of open-sourcing models and partnering with Nvidia to build India's largest supercomputer. The startup has released Krutrim-2, demonstrating strong performance in Indian languages, and aims to raise $1.15 billion by next year.
Krutrim also launched BharatBench, an evaluation framework assessing AI proficiency in Indian languages, addressing gaps in existing benchmarks. These efforts support India’s ambition to enhance its AI capabilities in the face of US and Chinese dominance. Aggarwal’s investment underscores a commitment to boosting India's standing in the global AI landscape.
