Bhavish Aggarwal injects Rs 2K cr into Krutrim, open-sources its AI

Ola founder Bhavish Aggarwal on Tuesday announced an investment of Rs 2,000 crore in his artificial intelligence (AI) firm, Krutrim, with a commitment to invest an additional Rs 10,000 crore by next year.

Furthermore, he announced the launch of KritrimAI lab and said that India’s first AI unicorn has released its work to the open-source community, while publishing several technical reports. This move follows DeepSeek’s recent decision to open-source its own generative AI (GenAI) model.