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Informative

[Update] Ola’s AI Arm Krutrim Denies Report Of $300 Mn Fundraising Pla...

Update / Judgement Date

21 Apr 2025

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIIT

Ola's AI arm, Krutrim, has denied reports of a $300 million fundraising plan. This clarification contradicts earlier reports suggesting a significant funding round for the artificial intelligence venture backed by Bhavish Aggarwal. The denial indicates that either the fundraising plans are not as reported or are not yet finalized for public disclosure.