Touted as India's answer to global AI giants such as OpenAI and DeepSeek, the startup faces concerns over products plagued with inconsistencies to high-profile exits. Bhavish Aggarwal's third venture, though, is committed to build a full-stack AI solution from scratch
Bhavish Aggarwal, Founder and CEO, Ola. Image: Selvaprakash Lakshmanan for Forbes India
Krutrim, Bhavish Aggarwal’s third venture after Ola Cabs and Ola Electric, is touted to be India’s answer to artificial intelligence (AI) giants such as America’s OpenAI and China’s DeepSeek. Ten months after its launch, the startup achieved unicorn status in January 2024, valuing the company at over $1 billion.
Just over a year later, though, critics are questioning its hype, claiming its products are plagued with inconsistencies and inaccuracies. And, at a time the company has seen high-profile exits, an ex-employee, who does not wish to be named, has alleged that Krutrim lacks focus.
The founding team, however, dismisses these concerns. “We’re running a marathon, not a sprint. Our goal is to maximise AI adoption in India,” Chandra Khatri, founding head of AI at Krutrim, tells Forbes India. “To achieve a full-vertical advantage in terms of costs and features, we need to work on multiple things in parallel,” he adds.
That’s where the problem seems to lie, according to the ex-employee quoted above. He claims priorities shift at the drop of a hat and that the team is expected to work on something new all of a sudden. In the absence of proper direction, pressure builds up and eventually targets are missed. “The expectations that the team can multitask and deliver on multiple projects simultaneously were unrealistic,” he adds.