"Krutrim's shift to cloud services reflects the tougher economics of building large-scale AI systems, indicating a strategic pivot in response to market conditions."
"The startup has not made any significant product announcements in recent months, with its last post on X dating back to December, highlighting a period of limited public activity."
"Founded by Bhavish Aggarwal, Krutrim initially aimed to create domestic alternatives to major AI models, raising $50 million at a $1 billion valuation in January 2024."
Krutrim, India's first GenAI unicorn, is shifting focus from AI model development to cloud services after a business overhaul in late 2025. This change follows a period of inactivity and significant layoffs, with over 200 roles cut. The startup has not made major product announcements recently and withdrew its Kruti AI assistant app from stores. Despite generating ₹3 billion in revenue for the financial year 2026, Krutrim faces tough competition and a challenging funding environment compared to U.S. counterparts.
Read at TechCrunch
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