Ola founder Bhavish Aggarwal is investing $230 million into an AI startup he founded as the country pushes to establish itself in a field dominated by U.S. and Chinese firms.
Aggarwal is financing the investment in Krutrim largely through his family office, a source familiar with the matter told TechCrunch. In a post on X Tuesday, Aggarwal said Krutrim seeks to attract an investment of $1.15 billion by next year. He will seek to raise the remainder of the capital from outside investors,…
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https://techcrunch.com/2025/02/04/softbank-backed-billionaire-to-invest-230m-in-indian-ai-startup-krutrim/
