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KRUTRIM LEADERSHIP EXITS
Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...- Ola's full stack AI plans shrink on A-level exits, funding woesKrutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and ...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- Krutrim’s semicon team exits loom over chip plansClose to half a dozen senior employees and executives from the chip design team of Ola’s AI arm, Krutrim, have left the firm since Septembe...
- BigBasket top brass churn; RMG ban pain manifestsHappy Tuesday! BigBasket CEO Hari Menon is expected to take a step back as part of a leadership transition. This and more in today's ETtech...
- Third round of layoffs, more leadership exits hit KrutrimOla's AI venture, Krutrim, has conducted its third round of layoffs, impacting nearly 50 employees in the linguistics team amidst restructu...
- Krutrim cuts more than 100 jobs in second round of layoffsOla founder Bhavish Aggarwal's AI venture, Krutrim, has conducted a second round of layoffs, impacting a significant portion of its linguis...
- From algorithms to unicorn ambitions: The AI scale blueprint for India’s startups to be unveiled at ET Soonicorns Summit 2025India boasts 121 unicorns, ranking third globally in startup ecosystems. The ET Soonicorns Summit 2025 in Bengaluru will explore AI's role ...
- Rohit Kapoor on Swiggy’s food delivery slowdown; Group life insurance gains tractionHappy Tuesday! As the food delivery market cools, aggregators are scrambling to find growth avenues. This and more in today’s ETtech Mornin...
- Krutrim finds few takers for its LLMs and cloud productsOla founder Aggarwal first announced Krutrim in December 2023, launching an LLM that could support 10 Indian languages, starting with Krutr...
- Euler’s fundraise; Qcomm, a small piece of FMCG pieEV maker Euler Motors has raised fresh funding led by Hero MotoCorp. This and more in today’s ETtech Top 5.
- Social media abuzz about toxic work culture at Ola Krutrim after employee’s ‘suicide’Ola's AI arm Krutrim faces scrutiny after an engineer's death. Nikhil Somwanshi, a machine learning engineer, allegedly took his life. A Re...
- Ola Krutrim ramps up AI hiring amid exitsIn the past year, Krutrim has seen close to a dozen junior to senior management-level exits even as the company doubles down on AI initiati...
- End of UPI’s free run?; Zepto finetunes IPO strategyHappy Tuesday! The Union government is considering bringing back merchant charges on UPI transactions. This and more in today’s ETtech Morn...
- Ola's AI venture runs into human (resources) glitchMost of the exits took place between March and November 2024, some quitting within a year of joining the firm and a few leaving in a matter...
- Ola group’s continued top-level exits in 2024Two senior executives at Bhavish Aggarwal's Ola, Suvonil Chatterjee and Anshul Khandelwal, resigned from their positions at Ola Electric, c...
- EV funding slows down; cloud kitchens chart a comebackFunding for India’s EV sector has nearly halved between 2022 and 2024. This and more in today’s ETtech Top 5.
- Ola Krutrim business head Ravi Jain quitsRavi Jain has resigned from his position as business head of Krutrim AI, marking the first top-level exit from Bhavish Aggarwal's AI startu...
- Going vocal with local on LLMs; and other top tech, startup stories this weekWhile tech biggies including Microsoft, Google, and Meta are leading the charge on AI, more localised contingents are emerging across geogr...
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