About Krutrim
Krutrim is a company based in Bengaluru (India) founded in 2023 by Bhavish Aggarwal.. Krutrim has raised $51.1 million across 4 funding rounds from investors including Matrix Partners India, Jitendra Vaidya and Sarin Family India. Krutrim offers products and services including Krutrim Cloud, Ola Maps, AI Studio, and Language Hub. Krutrim operates in a competitive market with competitors including OpenAI, Anthropic and Character.ai, among others.
- Headquarter Bengaluru, India
- Founders Bhavish Aggarwal
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$51.1 M (USD)
in 4 rounds
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Latest Funding Round
$99.56 K (USD), Angel Round
Apr 12, 2024
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Investors
Matrix Partners India
& 3 more
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Employee Count
Employee Count
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Products & Services of Krutrim
Krutrim offers a comprehensive portfolio of products and services, including Krutrim Cloud, Ola Maps, AI Studio, and Language Hub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides scalable infrastructure for AI workloads and GPU acceleration.
Delivers real-time navigation and location services for dynamic environments.
Enables deployment and customization of advanced AI models for businesses.
Offers translation and interpretation for multiple Indic languages.
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Funding Insights of Krutrim
Krutrim has successfully raised a total of $51.1M across 4 strategic funding rounds. The most recent funding activity was a Angel Round round of $99.56 thousand completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Angel Round — $99,560
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First Round
First Round
(07 Jul 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Angel Round - Krutrim | Valuation | Jitendra Vaidya |
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| Feb, 2024 | Amount | Series B - Krutrim | Valuation | Sarin Family India |
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| Jan, 2024 | Amount | Series B - Krutrim | Valuation | Z47 |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Krutrim
Krutrim has secured backing from 4 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Matrix Partners India, Jitendra Vaidya and Sarin Family India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Arun Sarin
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Founded Year | Domain | Location | |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Investment in early-stage startups across FinTech, AI, and consumer sectors in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Krutrim
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Krutrim
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Krutrim Comparisons
Competitors of Krutrim
Krutrim operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OpenAI, Anthropic and Character.ai, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
OpenAI is engaged in developing advanced artificial intelligence technologies.
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| domain | founded_year | HQ Location |
AI models and chatbots are offered for industry applications.
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| domain | founded_year | HQ Location |
AI-based conversational solutions are provided for user interactions and learning.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Krutrim
Frequently Asked Questions about Krutrim
When was Krutrim founded?
Krutrim was founded in 2023.
Where is Krutrim located?
Krutrim is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Krutrim a funded company?
Krutrim is a funded company, having raised a total of $51.1M across 4 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Jul 07, 2023.
What does Krutrim do?
Krutrim was founded in 2023 in Bengaluru, India, within the AI sector. A computing stack is constructed by the platform, encompassing generative AI models, large language models, voice-enabled conversational assistants, and cloud infrastructure. Enterprises, developers, and consumers are supported in creating and deploying generative AI applications through provided cloud resources and APIs.
Who are the top competitors of Krutrim?
Krutrim's top competitors include OpenAI, Anthropic and Character.ai.
What products or services does Krutrim offer?
Krutrim offers Krutrim Cloud, Ola Maps, AI Studio, and Language Hub.
Who are Krutrim's investors?
Krutrim has 4 investors. Key investors include Matrix Partners India, Jitendra Vaidya, Sarin Family India, and Z47.
What is Krutrim's valuation?
The valuation of Krutrim is $1.09B as of Apr 2024.
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