Krutrim makes no revenue; pours Rs 134.8 Cr into R&D in debut year

Bhavish Aggarwal’s new venture, Krutrim, reported no revenue in its debut year but invested ₹1,348 crore in research and development. The company, focused on developing advanced AI technologies, aims to leverage its R&D investments to create innovative solutions and drive future growth. Krutrim’s significant investment in R&D reflects its commitment to innovation and its long-term vision for the AI industry. The company plans to continue investing in cutting-edge technologies and expanding its team of experts to accelerate its development efforts. Krutrim’s focus on R&D highlights the importance of innovation in driving competitive advantage and achieving sustainable growth in the technology sector.