Krutrim will be an AI company, made for Indian customers using India's data resources: Bhavish Aggarwal

Bhavish Aggarwal, Founder and CEO Ola, Ola Electric (Illustration: Moneycontrol)

Krutrim Si Designs, which was launched by Ola's founder and Chief Executive Officer (CEO) Bhavish Aggarwal, will be an Artificial Intelligence company made for Indian customers using India's data resources, Aggarwal said during a live stream on social media platforms.

"Indians have contributed a lot when it comes to computing technology globally, however Indian companies have still not become big in terms of value-chain...And with AI this is set to transform and we need to develop products for Indian customers using India's data which is very important and that is Krutrim, which means Artificial in Sanskrit and we are very excited," Aggarwal said on December 2.

Krutrim Si Designs was launched in April of 2023 and sources say that it will compete with the likes of OpenAI and Google to as an AI Chat app.

Aggarwal has registered the company along with Krishnamurthy Venugopala Tenneti, who is one of the board members of ANI Technologies Ltd, which owns Ola Cabs and Ola Electric.

"We have just launched Krutrim and if you look at the future of technology, one important technology to build is EVs and Energy and second most important technology for our generation is around intelligence with AI and computing," Aggarwal said during the live stream.

During the same livestream, Aggarwal along with the company's Chief Marketing Officer, Anshul Khandelwal announced that the Ola S1 X plus scooters will be available for an affordable price in December.

"For the month of December Ola S1X plus will be available at a price of Rs 89,999 in all showrooms. This is as closer to the price of ICE and we expect more registrations from today itself," Aggarwal said.

On-track to deliver Ola motorbikes

On August 15, Ola Electric teased four different electric motorbikes which exuded a sporty aura reminiscent of the KTM RC series. Aggarwal said that the same will be available from end of 2024.

"The dull experience of an ICE bike will be gone once a rider tries electric bike...the developments are on-track for launch at the end of December and we may even start some test-drives for close customers once we are ready," Aggarwal said.