
Ola founder Bhavish Aggarwal has announced a ₹2,000 crore investment in his artificial intelligence startup Krutrim, with a commitment to increase it to ₹10,000 crore by next year. This move underscores the growing AI race in India.
As part of the expansion, he introduced the Krutrim AI Lab, a frontier AI research facility, along with the next major upgrade of its Krutrim large language model, Krutrim 2. He also unveiled a series of new AI models, including a vision-language model, speech-language model, and text-to-text translation model.

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“While we’ve been working on AI for a year, today we’re releasing our work to the open-source community and also publishing a series of technical reports. Our focus is on developing AI for India—enhancing AI capabilities for Indian languages, overcoming data scarcity, and integrating cultural context,” Aggarwal stated on X (formerly Twitter).
Additionally, he announced the deployment of India’s first GB200 AI supercomputer in partnership with Nvidia, expected to go live by March. “We will make it the largest supercomputer in India by the end of the year,” he added.