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SoftBank-backed billionaire to invest $230M in Indian AI startup Krutrim | TechCrunch

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 — which has been building LLMs for Indian languages — 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 rem...

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