India is quickly becoming a major player in the world of artificial intelligence, with immense skill and promise. Bhavish Aggarwal, the CEO of Ola, is leading the charge in developing AI in-house to address the particular problems facing India. Krutrim AI, his most recent and ambitious project, seeks to transform India’s AI market completely.
With the launch of its dependable, cost-effective, and efficient taxi booking service in 2010, Ola transformed urban transportation in India. Over the past ten years, Ola has grown into several new areas, including financial services and electric vehicles, thanks to the innovative leadership of CEO Bhavish Aggarwal. But Bhavish has even more ambitious intentions to use artificial intelligence to upend not just transportation but also other important industries.
This is when Krutrim AI, a brand-new full-stack AI solution created especially for India by the skilled Ola team, comes into play.
The Creation of Krutrim
Bhavish Aggarwal’s team has built Krutrim into an incredibly powerful AI model in an astonishingly short amount of time—just 7-8 months. Krutrim’s language understanding has been developed through training on an extensive dataset of more than 2 trillion tokens.
Specifically, the model can understand Hindi, Bengali, Tamil, Telugu, Marathi, and more than 20 official languages in India. Krutrim is also able to grasp Hinglish, which is a peculiar mix of Hindi and English that is spoken in the majority of Indian cities. This enables it to understand the language used in everyday speech.
Krutrim has also been programmed with diverse and subtle cultural cues from all around India. Compared to other AI chatbots, this allows for more relevant, contextual conversations that are catered to Indian users.
The brilliant brains behind Krutrim are situated in India.
Products in Krutrim’s Pipeline
Krutrim is slated to launch various products over the coming months for wider public access. The base Krutrim model for natural language conversations will be opened up next month. Users can sign up to gain conversational AI assistance across domains.
Additionally, Krutrim Pro will launch in early 2023 with more advanced capabilities. This multimodal AI product promises to offer not just text interactions but also intuitive access via voice, vision, and more. It is designed to solve higher-level problems and execute complex tasks.
Finally, Krutrim APIs will also be launched by February 2023, allowing integration with external apps and services. Businesses and developers can tap into Krutrim’s capabilities by building on top of these APIs across various use cases.
Funding and Investors
The development of Krutrim has been financially backed by Matrix Partners, one of India’s leading investment firms. They have invested $24 million in debt funding into Krutrim SI Designs, the entity spearheading this project.
Moreover, with Matrix Partners’ reputation and involvement, Krutrim is expected to raise $100 million through participation from Ola’s existing prominent investors as well.
This funding fuels Krutrim’s goal of driving widespread AI innovation made in India. Krutrim aims not just to be a world-beating product, but also to catalyze economic growth and productivity across sectors in the country.
How to Use Krutrim AI
Since Krutrim AI is a new tool and has not yet been publicly launched, you need to join the waitlist. Once Krutrim releases access more broadly, those on the waitlist will get priority invitations to start using the AI instantly.
Final Thoughts
Krutrim’s artificial intelligence capabilities can make Ola’s electric scooters smarter and more optimized for customers’ needs. By analyzing real-time data from the scooters, Krutrim can offer features like traffic-aware navigation, predictive maintenance, and customized charging and riding suggestions tailored to each user.
As Krutrim progresses, it may even enable autonomous self-driving. By harnessing AI developed locally through Krutrim, Ola can make its electric scooters more intelligent, efficient, and personalized. This will make electric two-wheelers more practical and user-friendly, driving faster adoption.