Krutrim ai: India’s First and Fastest AI Unicorn

Artificial intelligence (AI) is transforming the world in unprecedented ways. From healthcare to education, from entertainment to e-commerce, AI is enabling new possibilities and solutions for various challenges and opportunities. However, most of the AI innovations and applications are driven by global players, such as Google, Amazon, Facebook, and Microsoft. India, despite being one of the largest and fastest-growing markets for digital services, has been lagging behind in the AI race.

But not anymore.

Meet Krutrim ai, India’s first and fastest AI unicorn, that is aiming to empower India’s AI revolution. Founded by Ola founder Bhavish Aggarwal in 2023, Krutrim ai has raised $50 million in its first round of funding, led by Matrix Partners India and other notable investors, valuing the startup at $1 billion. This makes Krutrim ai the fastest startup to achieve the unicorn status in India, as well as the first AI startup to do so.

What is Krutrim ai?

Krutrim ai, which means “artificial” in Sanskrit, is building a complete AI computing stack, from silicon to software, to enable each of the 1.4 billion+ Indian consumers, developers, entrepreneurs, and enterprises to harness the power of AI.

Krutrim ai’s flagship product is a family of foundational models, called Krutrim AI Models, that are trained on local Indian languages in addition to English. These models can generate high-quality natural language text for various domains and applications, such as e-commerce, education, entertainment, healthcare, and more.

Krutrim ai also offers a voice-enabled conversational AI assistant, called Krutrim, that understands and speaks multiple Indian languages. Users can interact with Krutrim using voice commands and queries, and get relevant and personalized responses. Krutrim can also help users find and buy products and services from the offline world, such as groceries, medicines, tickets, etc., with the ease of online shopping.

Krutrim ai also provides a platform for developers and enterprises to build and deploy their own generative AI applications, using the Krutrim AI Models and the Krutrim cloud infrastructure. The platform offers APIs, SDKs, and a model repository, as well as managed access to AI compute at scale.

Krutrim ai is also developing and manufacturing its own chips, optimised for AI compute, to power its products and services. The chips will be designed and fabricated in India, using the latest technologies and standards.

Why is Krutrim ai important?

Krutrim ai is important for several reasons. First, it is a pioneer in the field of generative AI, which is a branch of AI that can create new content, such as text, images, audio, video, etc., based on given inputs and parameters. Generative AI has immense potential to revolutionise various industries and domains, such as media, entertainment, education, healthcare, and more.

Second, Krutrim ai is a leader in the field of multilingual AI, which is a branch of AI that can understand and generate natural language in multiple languages. Multilingual AI is crucial for a country like India, where there are 22 official languages and hundreds of dialects spoken by millions of people. By supporting multiple Indian languages, Krutrim ai can cater to the diverse and unique needs and preferences of Indian users, and bridge the language barriers that often hinder access to information and services.

Third, Krutrim ai is a champion of the Indian AI ecosystem, which is a network of stakeholders, such as researchers, developers, entrepreneurs, investors, policymakers, and users, who are involved in the development and adoption of AI in India. By building a complete AI computing stack, from silicon to software, Krutrim ai is creating a self-reliant and sustainable AI ecosystem in India, that can compete with the global players and contribute to the global AI community.

What is the future of Krutrim ai?

Krutrim ai has a bright and ambitious future ahead. The startup plans to launch a beta version of its eponymous chatbot, Krutrim, to consumers in February 2024, and follow it with rolling out APIs and SDKs to developers and enterprises. The startup also plans to expand its language support to all 22 scheduled languages by Q1 2024, and add more features and capabilities to its products and services.

Krutrim ai also aims to democratise AI in India, by making its products and services accessible and affordable to all segments of the society. The startup also intends to collaborate with various stakeholders, such as government, academia, industry, and civil society, to promote ethical and responsible use of AI, and address the challenges and risks associated with AI, such as privacy, security, bias, and fairness.

Krutrim ai is not just a startup, but a movement. A movement to empower India’s AI revolution. A movement to unleash the creativity and potential of India’s 1.4 billion+ people. A movement to make India a global leader in AI innovation and impact.