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Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...- 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...
- From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
- Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
- 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...
- Krutrim eyes AI growth with BharatSah’AI’yak acquisitionOla’s AI unit, Krutrim, has acquired BharatSah’AI’yak from consultancy firm Samagra to boost its role in government digital initiatives. Th...
- Fresh exits at Krutrim as company ramps up work on AI models and semicon chipsKrutrim, Ola's AI arm, faces executive departures and some layoffs. Despite this, Krutrim continues AI semiconductor and model development....
- India needs more infra to train larger AI models, says Krutrim’s top executiveOla’s AI arm Krutrim aims to build fast, cost-effective infrastructure as it scales services, despite challenges like limited GPUs and scar...
- Stocks in news: Tata Technologies, Ola Electric, Nestle, HDFC Bank, WiproMarkets experienced a slight downturn amid volatility, influenced by weak cues. Tata Technologies saw TPG likely selling a stake via block ...
- 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 Group holds more than half of patents granted to 117 unicornsOla Group, comprising Ola Electric, Ola Cabs and Krutrim, holding over 50% of the total patents granted to 117 unicorns in India. The group...
- Ola's Krutrim denies report of $300 million fundraiseOla's AI venture, Krutrim, has refuted a media report suggesting plans to raise $300 million. The company clarified that it is not currentl...
- 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...
- 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...
- Bhavish Aggarwal pledges 1.1% stake in Ola Electric to support AI startup Krutrim AIAggarwal holds a 30.02% stake (132.3 crore shares) in Ola Electric. Of this, he has pledged 4.8 crore equity shares, valued at about Rs 451...
- Family offices hit the GenAI trail; Ola Electric’s market share upFamily offices are now betting big on Gen AI with substantial investments in local and overseas startups. This and more in today’s ETtech T...
- Ola’s plans around EVs, quick commerce, more out on Independence DayOla Cabs rebranded itself as Ola Consumer to go beyond ride-hailing and also launched fully automated dark stores for use by ONDC. On Indep...
- Krutrim to launch first AI chip in 2026: Bhavish AggarwalThe Bengaluru-based company is working on four chips: Bodhi 1, Bodhi 2, Sarv 1 and Ojas. Sarv 1, its cloud native CPU, will be introduced i...
- India should lead in adopting AI technology with open arms, Ola's Bhavish AggarwalHe emphasised that the use of this technology could enhance productivity by 10 times, he said, "We should be the first adopter of AI and be...
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