Ola accelerates hiring for Krutrim AI Labs after executive exits

Ola AI arm, Krutrim AI Labs, is intensifying its hiring efforts after experiencing significant executive departures in recent months. The startup is actively recruiting for AI-related roles in Bengaluru, the US, and Singapore. Recent job listings indicate a focus on GenAI research engineers, AI cloud platform engineers, and research scientists specializing in speech and audio recognition.

Despite recent challenges, Ola remains committed to Krutrim’s growth. CEO Bhavish Aggarwal has announced a substantial INR 2,000 crore investment, with a vision of injecting INR 10,000 crore into Krutrim by next year. Additionally, Krutrim is developing multiple AI models, including Krutrim 2 LLM, Chitrarth 1 (a vision language model), and Dhwani (a speech-language model), all of which will be available as open-source projects.

The company’s hiring push aligns with the Indian government’s broader AI initiatives, including the IndiaAI Mission and AIKosha, which aim to develop domestic AI infrastructure. India’s GenAI sector has attracted over $1.2 billion in funding since 2014, reflecting the industry’s rapid expansion. With Krutrim AI Labs’ recent product launches and ongoing recruitment, Ola is positioning itself at the forefront of India’s AI revolution.

1. Introduction to Krutrim AI Labs

1.1 Founding and Vision
Krutrim AI Labs is Ola’s dedicated artificial intelligence subsidiary, founded by Bhavish Aggarwal to develop India-centric AI models. The company focuses on building advanced AI applications, including large language models (LLMs), speech recognition tools, and vision-based AI solutions.

1.2 Business and Revenue Model
Krutrim operates with a hybrid revenue model, monetizing its AI capabilities through enterprise licensing, cloud-based AI solutions, and collaborations with businesses integrating AI into their operations. The company also offers open-source AI models, driving adoption while generating revenue through premium AI services.

1.3 Products and Services
Krutrim has introduced several AI models, including:

  • Krutrim 2 LLM – A large language model designed for complex AI tasks.
  • Chitrarth 1 – A vision-language model for image processing and AI vision applications.
  • Dhwani – A speech-language model tailored for Indian linguistic diversity.
  • Vyakhyarth 1 & Krutrim Translate 1 – AI-driven translation and text interpretation models.

2. Executive Departures and Hiring Surge

2.1 Senior Exits
Krutrim AI Labs has faced key leadership departures, including:

  • Ashish Kumar, Director of Applied AI, who resigned in February 2024 after a year at Krutrim.
  • Priyanka Nayak, Senior Engineering Manager, who exited in January 2024 following an 18-month tenure.

2.2 New Appointments
To strengthen leadership, Krutrim recently appointed Sunit S as Senior Vice President of Product, indicating an effort to reinforce the management team.

2.3 Hiring Expansion
Ola Krutrim AI is actively hiring for AI-focused roles, including:

  • GenAI Research Engineers
  • Research Scientists (Speech & Audio Recognition)
  • AI Cloud Platform Engineers

3. Financial Commitments and Market Positioning

3.1 Funding and Investment
Bhavish Aggarwal announced an INR 2,000 crore investment in Krutrim AI Labs, with a commitment to invest INR 10,000 crore by next year. This significant funding underscores Ola’s commitment to AI innovation and expansion.

3.2 Government and Industry Support
Krutrim aligns with India’s AI initiatives, including the IndiaAI Mission, which aims to develop domestic AI capabilities. The government is also encouraging startups to contribute non-personal datasets to AIKosha, an AI development platform.

3.3 Growth of India’s AI Ecosystem
The Indian GenAI sector has seen $1.2 billion in funding since 2014, with expectations of reaching $17 billion by 2030. Krutrim AI Labs is positioning itself as a key player in this expanding ecosystem.

4. Future Outlook and AI Model Expansion

4.1 New AI Models
Krutrim AI Labs recently announced several AI initiatives:

  • BharatBench – A benchmarking tool for assessing AI models in Indian contexts.
  • Open-Source AI Models – Hosting DeepSeek’s AI models on Krutrim’s cloud platform.

4.2 Industry Collaboration and Expansion
Krutrim aims to collaborate with businesses, research institutions, and government agencies to advance AI applications across industries, including healthcare, fintech, and smart city solutions.

5. Learning for Startups and Entrepreneurs

5.1 Strategic Hiring is Crucial
Even after leadership exits, Krutrim’s aggressive hiring strategy ensures continuity in innovation.

5.2 AI Investments Are Rising
With funding commitments increasing, startups must position themselves to attract investment by showcasing AI capabilities.

5.3 Open-Source AI Can Drive Growth
Krutrim’s decision to open-source its AI models creates opportunities for collaboration and innovation.

The Startups News – Your Trusted Source for Startup Insights

At The Startups News, we bring the latest updates on India’s startup ecosystem, venture capital trends, and technology innovations. Stay informed on AI advancements, funding developments, and emerging startup strategies with our expert insights. For more startup news, visit The Startups News.

Related news

Swiggy 10-Minute Delivery Unveils Maxxsaver for Big Discounts

Rapido, Ola-Uber rival, plans new fintech subsidiary: Report

ChatGPT usage surges in India, but monetization struggles to grow