Krutrim pivots to AI cloud services
05 May 2026, 01:04 PMThe pivot to AI cloud services marks a departure from Krutrim’s earlier plans to build its own large language models and semiconductor chips.
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Krutrim, the artificial intelligence startup founded by Ola's Bhavish Aggarwal, has shifted its focus to AI cloud services and has reported nearly three times jump in its revenue in fiscal ended March 2026.
The Bengaluru-based company posted revenue of about Rs 300 crore in FY26 and it also clocked its first annual net profit, with a profit after tax margin of over 10%.
The pivot to AI cloud services marks a departure from Krutrim’s earlier plans to build its own large language models and semiconductor chips, as it reallocates capital toward cloud infrastructure and services. The move followed a business realignment in late 2025 aimed at improving capital efficiency.
Last year, the company also laid off over 150 employees, underlining questions over its business model.
Separately, its consumer-facing AI assistant “Kruti” has gone offline across web and mobile platforms in recent weeks, signalling a pullback from consumer products amid the broader shift to enterprise infrastructure.
Krutrim has built an in-house AI cloud platform and is serving more than 25 enterprise customers across sectors including mobility, financial services and consumer internet, with most of its compute capacity deployed for external workloads.
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