Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Varun Kashyap & Sridevi Reddy
Co-Founders, Zithara.ai
Transforming Indian Offline Retail and Customer Engagement Using AI


Ola founder Bhavish Aggarwal announced on Tuesday, February 4, an investment of Rs 2,000 crore in his artificial intelligence (AI) venture, Krutrim, with a commitment of Rs 10,000 crore by next year. He also announced the launch of Krutrim AI Lab, a frontier AI research lab, along with multiple AI models and the investment aimed at boosting India’s AI ecosystem.
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“While we’ve been working on AI for a year, today we’re releasing our work to the open-source community and also publishing a bunch of technical reports. Our focus is on developing AI for India — to make AI better on Indian languages, data scarcity, cultural context, etc,” Aggarwal said in a post on the X platform.

AI Infrastructure Boost with Nvidia
He also announced the deployment of India’s first GB200 in partnership with Nvidia, which is expected to go live by March 2025. “We will make it the largest supercomputer in India by end of year,” he said.
This announcement comes just days after Aggarwal revealed that Krutrim has deployed DeepSeek AI models on Indian services.
“India can’t be left behind in AI. Krutrim has accelerated efforts to develop world class AI. As first step, our cloud now has DeepSeek models live, hosted on Indian servers. Pricing lowest in the world,” Aggarwal said in a post on the X on January 31, 2025.
Also Read: India Leads in AI Adoption, Outpacing Global Average, Says BCG Report
Krutrim’s Open-Source Push
The company has open-sourced its AI models and research to accelerate collaboration within India’s AI community. According to the post, these resources are available on GitHub and Hugging Face.
New AI Models Announced
Aggarwal also announced the release of multiple AI models: