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Home Startups

What is Krutrim AI, India’s First AI Startup to Become a Unicorn?

by Thomas Babychan
February 12, 2024
in AI, Business, Clean Energy, Electric Vehicles, Events, Future Tech, Internet of Things, Markets, News, Other, Popular, Startups, Tech, Trending
Reading Time: 4 mins read
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What is Krutrim AI, India’s First AI Startup to Become a Unicorn?
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In a significant development for the Indian tech landscape, Bhavish Aggarwal, the CEO of Ola, few days ago unveiled Krutrim AI, India’s own artificial intelligence model. During an event in Bengaluru, Aggarwal introduced the AI model, emphasizing its unique capabilities tailored to the Indian context. The Krutrim AI model boasts proficiency in responding in various Indian languages and even real-time coding, setting it apart from existing models primarily trained on Western data.

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ओलाच्या सीईओंनी लाँच केलं भारताचं पहिलं एआय प्लॅटफॉर्म 'कृत्रिम'; मिळणार 22  स्थानिक भाषांचा सपोर्ट | Indias Own AI Krutrim Launched by Ola Electric CEO  Bhavish Aggarwal ...

Two AI Model Variants

Krutrim is presented in two classifications, starting with the base Large Language Model (LLM) called Krutrim. This model, trained on an impressive 2 trillion tokens, demonstrates proficiency in understanding 22 languages and generating output in 10 Indian languages. The company claims that Krutrim outperforms well-known models like GPT-4 and Llama in terms of Indic performance.

Furthermore, Krutrim has been meticulously trained on 20 times more Indic tokens than any other model, giving it a unique advantage. The model accepts voice as input and responds in kind, showcasing its versatility in handling various communication modes.

The Krutrim team in Bengaluru has also hinted at a more advanced model in the pipeline – Krutrim Pro. This upcoming model is expected to be multi-modal and is anticipated to be available in the next quarter.

An AI solution for India

According to Aggarwal, Krutrim has been developed from the ground up, with the entire stack being crafted by the Krutrim team. During a Q&A session, he emphasized the need for a solution tailored to India’s requirements, stating,

Meet Krutrim, 'India's own AI' developed by Ola CEO Bhavish Aggarwal-led venture - Hindustan Times

“India needs a solution that is thought grounds up for itself.” He envisions Krutrim as a key player in India’s journey towards becoming an AI-first economy, emphasizing the importance of aligning with Indian cultural relevance and cost structures.

Aggarwal envisions Krutrim as a crucial component in realizing the dream of ‘Viksit Bharat’ and leading the AI vision for the next 25 years. He highlighted the pivotal role AI is likely to play in shaping the future economy and culture.

With Krutrim’s India-first cost structure and a vast representation of Indian data, Aggarwal envisions it as a catalyst for creating novel models across various sectors, aiming to make India the most productive, efficient, and empowered economy globally.

Key Highlights of Krutrim AI

Krutrim: India's own AI model launched by OLA competes with GPT-4 and  Llama-2

Interested users can register their interest in Krutrim AI on the newly launched website. Registration involves providing a phone number, and the company plans to notify users when the chatbot becomes available. The base LLM will be accessible to everyone starting next month, with APIs expected to be available in February.

Key highlights of Krutrim include its proficiency in generating content in 10 Indian languages and comprehending all 22 Indian languages. Trained on a massive dataset of over 2 trillion tokens, it combines specific data designed for understanding and generating text in Indian languages.

Fine-tuning on a substantial amount of Indian data allows Krutrim to grasp the subtleties of Indian culture and languages.

The model employs a custom tokenizer to interpret various Indian languages and scripts, outperforming other open-source Language Learning Models (LLMs) on industry-standard benchmarks.

How Krutrim AI could be used for further optimisation of Ola Electric?

Ola S1 Electric Scooter Launched In India; Prices Begin At Rs. 99,999

Krutrim AI has the potential to significantly enhance Ola Electric’s operations and promote innovation.” Let’s explore how this homegrown AI solution can bring benefits to Ola Electric:

Enhanced Customer Support: Krutrim AI seamlessly integrates with Ola Electric’s customer support systems. By automating responses, it ensures quicker query resolution, boosting user satisfaction. Its multilingual capabilities enable engagement with customers in various Indian languages, broadening support accessibility.

Battery Charging Optimization: Ola Electric can utilize Krutrim AI to optimize battery charging strategies for their electric vehicles. Through real-time data analysis, it can recommend efficient charging patterns, prolonging battery life and enhancing overall performance. This optimization directly influences vehicle range, reliability, and user experience.

Cost Reduction and Affordability: Ola Electric aims to lower the cost of electric vehicles, aiming for broader accessibility. Krutrim AI plays a role by identifying cost-saving opportunities across manufacturing, distribution, and maintenance. As Ola Electric expands, Krutrim AI’s insights can drive affordability without compromising quality.

First AI startup in India to get Unicorn Status

In a noteworthy milestone, Krutrim recently achieved unicorn status – a valuation of $1 billion or more – following its inaugural funding round. The $50 million equity investment, led by notable investors including Matrix Partners India, establishes Krutrim as India’s fastest unicorn and the first AI company in the country to achieve this status.

This marks Bhavish Aggarwal’s third venture to reach a $1 billion valuation, following Ola and Ola Electric.

The funds raised will be instrumental in accelerating Krutrim’s mission to transform the AI landscape, foster innovation, and expand its global footprint. Aggarwal reaffirmed the commitment to building India’s comprehensive AI computing stack, emphasizing the importance of indigenous AI development.

Conclusion

Krutrim AI is now a major player in India’s tech ecosystem, providing customized solutions for the country’s diverse linguistic and cultural landscape.With its distinct features, impressive training dataset, and ambitious vision, Krutrim is poised to contribute to India’s aspirations of becoming a leader in AI-driven innovation.

 

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Thomas Babychan

Thomas Babychan is an experienced business and economic journalist with a focus on international trade, stock market, banking, and multilateral organizations. He also has expertise in international relations and diplomacy.

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