Bhavish Aggarwal’s Krutrim Cuts 100 Jobs Amid Turmoil — What Went Wrong?
Just six months after making a big hiring push, Bhavish Aggarwal-founded AI startup Krutrim has laid off around 100 employees—sending shockwaves through India’s booming AI ecosystem. The layoffs hit the linguistics division hardest, raising questions about the startup’s future direction and funding.
Who Got…
Delhivery Is Acquiring Ecom Express for a Jaw-Dropping 80% Discount — What’s Really Going On?
In a deal that’s leaving the entire Indian logistics industry buzzing, Delhivery, one of the country’s largest logistics firms, is about to make a massive acquisition. But here’s the crazy part: Delhivery is buying Ecom Express for just ₹1,407 crore — an 80% discount on the company’s…
After Ola and EVs, Aggarwal Is Now Going All-In on Artificial Intelligence. Here’s What We Know.
Bhavish Aggarwal, the man who transformed how India moves with Ola and then took on Tesla with Ola Electric, is now setting his sights on the next trillion-dollar industry — Artificial Intelligence.
And he’s not thinking small.
Reports reveal that Aggarwal is now in talks to raise $300 million…
India’s tech landscape is about to get a major boost. Bhavish Aggarwal, the visionary behind Ola, has launched an ambitious new AI venture called Krutrim, and it’s making waves with some big moves. Krutrim has partnered with Lenovo to build what is set to be India’s largest supercomputer—an advanced computing powerhouse aimed at revolutionizing the country’s position in the global AI…
In a bold move to secure more funding for his AI startup, Krutrim, Bhavish Aggarwal, the founder of Ola Electric, has pledged an additional 5.88 crore shares of Ola Electric. This latest pledge takes his total encumbered shares to around 2.43% of Ola Electric’s total shares, representing about 8.09% of his personal stake in the electric vehicle company.
The shares are valued at approximately…
Ola’s Bhavish Aggarwal Invests Rs 2,000 Crore in Krutrim AI—India’s First AI Unicorn!
Bhavish Aggarwal, the visionary behind Ola Electric and ride-hailing giant Ola, has made a bold move by investing Rs 2,000 crore (around $230 million) into Krutrim, India’s first AI unicorn. But that’s not all—he’s also committing to an additional Rs 10,000 crore investment next year, setting the…
Ola Electric Shocks the Industry with Bold Appointment: What Does Pritam Das Mohapatra Bring to the Table?
In a game-changing move, Ola Electric has just appointed Pritam Das Mohapatra as its new Compliance Officer and Company Secretary, effective December 30, 2024. But why should this matter to you?
This is not just another corporate reshuffle—this is a strategic shift that could have massive…
Ola Electric has officially launched its highly anticipated ‘Roadster Series’ of motorcycles at their flagship event, Sankalp 2024. This new lineup, which includes the Roadster, Roadster X, and Roadster Pro, represents a significant leap for the company as it expands its footprint into the motorcycle segment.
During the event, Bhavish Aggarwal, Founder and CMD of Ola Electric, emphasized the…
Ola Electric: Bhavish Aggarwal in India’s billionaire list, worth $1.44 billion as stock rallies 17%
Ola Electric Mobility Ltd’s stock experienced a significant surge of 17% following its muted market debut, propelling the company’s founder Bhavish Aggarwal into the ranks of India’s billionaires. Aggarwal, who holds a substantial 36.94% stake in the company, saw his net worth soar to approximately ₹12,104 crore (about $1.44 billion) as a result of the rally.
The Ola Electric IPO, which…
In a significant legal clash, India’s premier mapping application, MapMyIndia, has accused ride-hailing giant Ola of illegally reverse engineering its mapping data and using it to develop Ola Maps, the company’s newly launched indigenous mapping service. The allegations have surfaced following Ola’s recent introduction of Ola Maps, a move that was previously heralded as a major step towards…
