Krutrim
Krutrim is an Indian AI-first cloud platform founded in 2023 by Bhavish Aggarwal, CEO of Ola Electric.
Profile
Krutrim provides cloud infrastructure and AI platform services, including GPU compute, storage, and model training/fine-tuning, designed for Indian developers and enterprises.
Krutrim is an Indian AI-first cloud platform founded in 2023 by Bhavish Aggarwal, CEO of Ola Electric. The company raised $50 million in its first funding round in January 2024 at a $1 billion valuation, led by Matrix Partners India, making it India's first AI unicorn. In February 2025, Aggarwal invested an additional $230 million into Krutrim through his family office.
For fiscal year 2026, Krutrim reported revenue of approximately ₹300 crore (about $36 million), a threefold increase over FY25, alongside its first profit. The company operates data centers in Bangalore and Hyderabad, offering GPU virtual machines (NVIDIA A100 and H100), GPU baremetal servers, AI Pods, high-performance NVMe storage, and 100Gbps InfiniBand networking. Its product portfolio includes an AI Cloud for training and inference, a general-purpose cloud for compute and storage, and an AI Studio for model fine-tuning and deployment.
Krutrim claims a 99.99% uptime SLA and SOC 2 certification, with data residency in India. The platform targets developers and enterprises building AI workloads, with over 500 teams listed as customers, including Ola, Dashverse, Prameya Consulting, TeleCMI, VCTI, and Vionix. Krutrim also developed a 12-billion-parameter large language model trained on 2.5 trillion tokens, with over 35% model FLOPs utilization. The company is positioning itself as a domestic alternative to global cloud providers for Indian AI workloads, though it faces competition from AWS, Google Cloud, and Azure, which have deeper infrastructure and enterprise relationships in India.
Products by Krutrim
Who buys this
- AI startups and developers training or fine-tuning large language models
- Enterprises running production AI workloads requiring GPU clusters
- Organizations needing India-resident cloud infrastructure for data sovereignty compliance
- Developers seeking managed Kubernetes, load balancing, and auto-scaling for backend services
- Companies building AI-assisted applications requiring low-latency inference
Publicly disclosed clients
- Ola
- Dashverse
- Prameya Consulting
- TeleCMI
- VCTI
- Vionix
Strengths and what to watch
Strengths
- First-mover as India's AI-native cloud platform, with data centers in Bangalore and Hyderabad ensuring data residency within India
- Backed by Bhavish Aggarwal's family office and Matrix Partners India, with over $280 million in disclosed funding and a $1 billion valuation
- Revenue grew threefold year-over-year to approximately ₹300 crore in FY26, achieving first profitability
Watch for
- Heavy reliance on founder Bhavish Aggarwal for funding and strategic direction, creating key-person risk
- Competition from global hyperscalers (AWS, Google Cloud, Azure) with existing enterprise relationships and deeper infrastructure in India
- Limited public customer diversity beyond Ola and a handful of startups; enterprise adoption outside the Aggarwal ecosystem is unproven
Recent moves
Key Information
- Industry
- Commercial AI Research
- Founded
- 2023
Frequently Asked Questions
What is Krutrim and what does it do?
Krutrim is an Indian AI-first cloud platform founded in 2023 by Bhavish Aggarwal. It provides GPU compute, storage, and AI model training services for developers and enterprises, with data centers in Bangalore and Hyderabad ensuring data residency in India.
How much funding has Krutrim raised and what is its valuation?
Krutrim raised $50 million in January 2024 at a $1 billion valuation, led by Matrix Partners India. In February 2025, Bhavish Aggarwal invested an additional $230 million through his family office, bringing total disclosed funding to over $280 million.
What products and services does Krutrim offer?
Krutrim offers an AI Cloud for training and inference, a general-purpose cloud for compute and storage, and an AI Studio for model fine-tuning. Its infrastructure includes NVIDIA A100 and H100 GPUs, NVMe storage, and 100Gbps InfiniBand networking.
Who are Krutrim's main customers and what segments does it target?
Krutrim targets AI startups, enterprises running production AI workloads, and organizations needing India-resident cloud for data sovereignty. Notable clients include Ola, Dashverse, Prameya Consulting, TeleCMI, VCTI, and Vionix, with over 500 teams listed as customers.
What is Krutrim's financial performance and profitability?
For fiscal year 2026, Krutrim reported revenue of approximately ₹300 crore, about $36 million, a threefold increase over FY25. The company also achieved its first profit in FY26, indicating growing financial sustainability.
How does Krutrim compare to competitors like AWS, Google Cloud, and Azure in India?
Krutrim positions itself as a domestic alternative for Indian AI workloads, with data residency and a 99.99% uptime SLA. However, it faces competition from global hyperscalers with deeper infrastructure and enterprise relationships in India, and its enterprise adoption outside the Aggarwal ecosystem is unproven.
Sources
- olakrutrim.com — Product offerings, customer logos, uptime SLA, SOC 2 certification, model specs, data center locations
- www.reuters.com — January 2024 $50 million funding round at $1 billion valuation, led by Matrix Partners India
- techcrunch.com — February 2025 $230 million investment from Bhavish Aggarwal's family office
- www.linkedin.com — FY26 revenue of approximately ₹300 crore and first profit