Krutrim, Bhavish Aggarwal's New AI Startup, Becomes Fastest Indian Unicorn with $50M Funding
• Krutrim, an AI startup by Ola founder Bhavish Aggarwal, raises $50M at a $1B valuation to become the fastest Indian unicorn
• The startup plans to launch a conversational AI assistant that understands multiple Indian languages next month
• Krutrim will also develop chips optimized for AI compute
• This is Aggarwal's third startup after ride-hailing firm Ola and EV maker Ola Electric
• The funding comes as investors globally rush to back AI startups, though India has yet to make a major impact in the AI race