Krutrim
Founded Year
2023Stage
Series A | AliveTotal Raised
$74MValuation
$0000Last Raised
$50M | 8 mos agoAbout Krutrim
Krutrim is an AI company that develops a large language model and conversational AI technology. The company offers a voice-enabled conversational AI assistant that can understand and speak multiple Indian languages. It also develops AI-optimized chips. Krutrim primarily serves developers and enterprises with its AI solutions and APIs. It was founded in 2023 and is based in Bengaluru, India.
Loading...
Loading...
Research containing Krutrim
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Krutrim in 2 CB Insights research briefs, most recently on May 8, 2024.
May 8, 2024 report
State of AI Q1’24 Report
Mar 21, 2024 report
$1B+ Market Map: The world’s 1,229 unicorn companies in one infographicExpert Collections containing Krutrim
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Krutrim is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,244 items
Generative AI
863 items
Companies working on generative AI applications and infrastructure.
Artificial Intelligence
14,767 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Latest Krutrim News
Sep 12, 2024
Ola founder Bhavish Aggarwal has outlined ambitious plans to transform India into a global leader in AI and EVs, as per a report. ’It’s colonialism all over again’: Bhavish Aggarwal on the need for India’s AI independence(Reuters) Ola founder Bhavish Aggarwal has ambitious plans to position India as a leader in both AI and electric vehicles (EVs). In an exclusive interview at the Business Today India@100 summit, he shared his roadmap for transforming India into a global hub for artificial intelligence through his new venture, Krutrim and expanding Ola Electric's Li-ion cell production to 100 GWh over the next decade. Ola Electric’s stock, which recently debuted on the Indian market, has already doubled in value, signalling strong investor confidence. 'Tesla is for the West, Ola is for the rest’ Aggarwal envisions Ola Electric as a critical player in solving global challenges like climate change but with a focus on the developing world. He contrasts Ola’s mission with Tesla's, emphasising that while Tesla caters to “a billion rich people,” Ola targets the remaining seven billion. “Tesla is for the West, Ola is for the rest,” he stated during the interview. According to Aggarwal, Ola is committed to creating products tailored for India, including two-wheelers, three-wheelers, and small cars, all powered by cutting-edge battery technology from their giga factory—the first of its kind in India, as per the report. Krutrim and the AI Revolution Aggarwal’s ambitions extend beyond the EV sector. With Krutrim , he aims to build India’s AI tech stack, challenging the dominance of global tech giants. “We have been using global technologies for too long without realising the implication,” he told Business Today. He pointed out that while India generates 20 percent of the world’s data, only 10 percent of it is stored in the country. “It’s colonialism all over again,” Aggarwal said, stressing the importance of retaining data sovereignty and building India’s own AI infrastructure. Aggarwal sees Krutrim as a significant opportunity to develop India's own AI technology infrastructure. He said that India relied on foreign technologies for far too long without fully understanding the consequences. Despite benefiting from the global IT services boom, which is part of a $30-trillion tech industry, India’s IT services market cap is only $300 billion, a mere 1 percent of the global tech landscape. Aggarwal emphasised the need for India to shift from being a beneficiary to a leader in technology, with Krutrim's vision aimed at positioning India as a global AI powerhouse.
Krutrim Frequently Asked Questions (FAQ)
When was Krutrim founded?
Krutrim was founded in 2023.
Where is Krutrim's headquarters?
Krutrim's headquarters is located at Prestige RMZ Startech Block C, Industrial Layout, Hosur Road, Koramangala, Bengaluru.
What is Krutrim's latest funding round?
Krutrim's latest funding round is Series A.
How much did Krutrim raise?
Krutrim raised a total of $74M.
Who are the investors of Krutrim?
Investors of Krutrim include Z47.
Who are Krutrim's competitors?
Competitors of Krutrim include Gnani and 4 more.
Loading...
Compare Krutrim to Competitors
DheeYantra Research Labs is a technology firm focused on building products and platforms using its methods in Artificial Intelligence, Computer Vision, and Deep Learning. It is building AI based Cognitive Conversational Agents supporting Indian languages for specific domains. These AI agents are capable of communicating, perceiving, learning, reasoning, and getting tasks done. It was founded in 2017 and is based in Bengaluru, India.
Curious Thing is a voice-based conversational artificial intelligence company for digital interviews and high-volume hiring solutions. The company's product line includes Curiosity for Talent Acquisition which is a phone interviewing tool, Curiosity for Students which is a behavioral test interview for students requiring immediate feedback, and Curiosity API which integrates with a company's HR technology application to deliver rich analytics insights. It was founded in 2018 and is based in North Sydney, New South Wales.
Rightindem specializes in digital claims management solutions within the insurance industry. The company offers a digital platform that streamlines the claims process by assessing, routing, and resolving claims efficiently, enhancing customer experience and operational efficiency. Rightindem's platform serves various sectors within the insurance industry, providing a white-label solution that can be customized to fit different lines of business. It was founded in 2016 and is based in London, England.
Pypestream specializes in AI-powered customer experience automation within various business sectors, including insurance, telecommunications, retail, and more. The company offers an omnichannel platform that leverages conversational AI to provide personalized, efficient customer service and support through a library of microapps. Pypestream's solutions are primarily utilized by industries such as insurance, telecommunications, retail, quick service restaurants, travel, hospitality, and real estate. It was founded in 2015 and is based in New York, New York.
Fixie focuses on the development of conversational artificial intelligence (AI). It involves building AI agents, referred to as sidekicks, that can answer questions, perform actions, and integrate directly with applications. These AI agents are designed to fetch real-time information, interact with external systems, and handle various forms of media, including text, images, and video. The company was founded in 2022 and is based in Seattle, Washington.
Avaamo is a deep-learning software company that specializes in conversational interfaces, operating in the artificial intelligence industry. The company's main offerings include a conversational AI platform for enterprises, which uses machine learning and deep learning to provide services such as intelligent virtual assistants and contact center AI. These services are designed to automate and streamline complex enterprise workflows, transforming them into full-fledged conversations between users and enterprise systems. It was founded in 2015 and is based in Los Altos, California.
Loading...