BENGALURU: Synthetic intelligence startup Krutrim, based by CEO of Ola Electrical Bhavish Aggarwal, has raised $50 million within the first funding spherical at a valuation of $1 billion, the corporate stated in a weblog submit on Friday.
It added that enterprise capital fund Matrix Companions India led the funding spherical, with out giving additional particulars.
The startup unveiled a big language mannequin final month and is about to launch a beta model in February, amid rising international pleasure round generative AI technoloOgy.
Krutrim, which interprets to “synthetic” in Sanskrit, goals to generate textual content in Hindi, English and eight Indian languages.
The funding spherical’s closure comes a month after Agarwal’s e-scooter maker Ola Electrical filed for an preliminary public providing to boost 55 billion rupees.
It added that enterprise capital fund Matrix Companions India led the funding spherical, with out giving additional particulars.
The startup unveiled a big language mannequin final month and is about to launch a beta model in February, amid rising international pleasure round generative AI technoloOgy.
Krutrim, which interprets to “synthetic” in Sanskrit, goals to generate textual content in Hindi, English and eight Indian languages.
The funding spherical’s closure comes a month after Agarwal’s e-scooter maker Ola Electrical filed for an preliminary public providing to boost 55 billion rupees.
