Ola founder Bhavish Aggarwal has officially launched Krutrim AI Labs, a cutting-edge artificial intelligence venture focused on developing AI solutions tailored for India. Backed by an initial Rs 2,000 crore investment, with plans to scale up to Rs 10,000 crore next year, Krutrim aims to tackle challenges unique to Indic languages, data scarcity, and cultural nuances.
Krutrim AI’s Vision for India:

Source: X
Aggarwal emphasized that while his team has been working on AI for over a year, they are now open sourcing their models and sharing research findings to accelerate India’s AI ecosystem.
“Our focus is on developing AI that understands Indian languages, overcomes data limitations, and respects cultural context,” he stated in a post on X (formerly Twitter).
AI Models and Innovations by Krutrim:
As part of its open-source initiative, Krutrim AI Labs is introducing multiple AI models designed to enhance language processing, vision, and speech recognition. These include:
Krutrim 2 – An advanced Large Language Model (LLM)
Chitrarth 1 – A Vision Language Model
Dhwani 1 – A Speech Language Model
Vyakhyarth 1 – An Indic Embedding Model
Krutrim Translate 1 – A text-to-text translation model
Additionally, Krutrim has unveiled BharatBench, a benchmarking tool specifically designed to evaluate AI performance in Indian languages and cultural settings.
Taking AI infrastructure to the next level, Krutrim is building India’s first GB200 AI supercomputer in collaboration with NVIDIA. Expected to be operational by March, it aims to become India’s largest AI supercomputer by the end of the year. This initiative will provide the computational power necessary to support India’s AI growth and research efforts.
Krutrim AI’s Funding and Expansion:
Krutrim AI Labs has gained significant investor confidence, raising $75 million and achieving unicorn status in January last year. Major backers include Z47 (formerly Matrix), the Sarin Family, and others. In December 2024, Aggarwal pledged his Ola Electric shares to raise additional capital for Krutrim SI Designs, further strengthening its financial position.
The Future of AI in India:
Despite rapid progress, Aggarwal acknowledges that India still has a long journey ahead in AI development. By making AI models open-source and fostering collaborations, Krutrim AI Labs aims to build a robust AI ecosystem that aligns with India’s linguistic and cultural diversity.
With groundbreaking innovations, strategic partnerships, and a bold vision, Krutrim AI Labs is set to redefine India’s AI landscape and position the country as a global AI powerhouse.
For more insights and updates on Metaverse, DeFi, Blockchain, NFT & Web3, be sure to subscribe to our newsletter. Stay informed on the latest trends and developments in the decentralized world!