The funding round, led by investors such as Matrix Partners India and others, garnered an investment of $50 million in equity at a valuation of $1 billion.
Ola founder's Krutrim becomes first AI unicorn startup; Raises $50 million at a valuation of$1 billion - Technology News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Indian AI Firm Krutrim Secures $50 Million in VC Funding Round infotechlead.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotechlead.com Daily Mail and Mail on Sunday newspapers.
Krutrim, India’s AI company focused on building the complete AI computing stack, announced the successful closure of its first round of funding on Friday, , Ola’s Krutrim, Krutrim
Homegrown AI company Krutrim on Friday became the country's fastest unicorn and also the first AI unicorn in the country, after it closed its first round of funding.The funding round, led by investors such as Matrix Partners India and others, .
Ola co-founder Bhavish Aggarwal has become only the second Indian behind three unicorns after his artificial intelligence startup Krutrim raised $50 million at a valuation ..
Bhavish Aggarwal's Krutrim raises $50 mn, becomes India's first AI unicorn thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
In a recent blog post, the company announced its newfound status as the first Indian AI startup to reach a billion-dollar valuation, a remarkable feat achieved within a month of unveiling a large language model.
The funds will be deployed to broaden the companys geographical presence and to grow the team across risk, engineering, analytics and sales. InPrime will also use the proceeds to develop digital channels and credit scoring models and expand its loan portfolio.