Fundz

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

PRIVATEJan 26, 2024

Amount Raised

$50 Million

Round Type

Funding Round

IndiaArtificial IntelligenceMachine LearningNatural Language ProcessingLanguage Learning

Investors

Z47

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.

Quick answer

Krutrim raised $50 Million in a Funding Round round, dated January 26, 2024. Investors: Z47. Krutrim is based in India.

How much did Krutrim raise?
Krutrim raised $50 Million in a Funding Round round on January 26, 2024.
Who invested in Krutrim?
Z47 is named as investors in this round.
What does Krutrim do?
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.
Where is Krutrim based and how big is it?
Krutrim is based in India.
Who are the decision-makers at Krutrim?
Fundz holds 1 contact at Krutrim. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Language Learning around the same time

Companies in the same sectors as Krutrim that raised within 45 days of this round, from Fundz verified event records.

  • Magic raised $50K on February 26, 2024.
  • Magic raised $117M on February 12, 2024.
  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Guardrails AI raised $7.5M (Seed) on March 11, 2024.
  • Hypercraft raised $29M on March 6, 2024.
  • Recogni raised $102M (Series C) on March 4, 2024.

Who to call at Krutrim, and when

A new round usually means Krutrim is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Krutrim raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Krutrim, from your own LinkedIn network

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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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Fundz sees it the moment Krutrim raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Krutrim raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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