India's First GenAI Unicorn Shifts to Cloud Services as AI Model Ambitions Face Reality

India's first GenAI unicorn shifts to cloud services as AI model ambitions face reality

Krutrim's pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.

Ola’s Krutrim pivots to AI cloud, pauses chip and AI model work

Bhavish Aggarwal-led AI startup Krutrim has shifted focus from building large language models and AI chips to cloud infrastructure services, marking a major change in strategy less than two years after becoming India’s first AI unicorn, according to an Economic Times report. The company said it paused work on chip design and foundation AI models during a business realignment in late 2025 and moved capital and staff toward AI cloud services. Krut…

India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality

Krutrim's pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.

Krutrim announces strategic pivot to AI cloud services, reports 3X revenue growth and first net profit in FY26

Bengaluru, May 5 (PTI) Krutrim, India’s first AI unicorn, has repositioned the company as a focused domestic AI Cloud Services provider, while announcing encouraging financial figures for FY26.The company reported revenues of approximately Rs 300 crore in FY26, a threefold increase over FY25, and its first annual net profit, with a profit after tax margin of over 10 per cent. This marks an important milestone in Krutrim’s evolution toward a sust…