In an event on Sunday, the company announced that it has opened up its cloud platform — Krutrim Cloud — to enterprises, developers and researchers, to help them develop technology products at lower costs.
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The cloud platform will provide them access to AI computing infrastructure, its foundational models and the open-source models being hosted on its cloud. Krutrim, which aims to develop full-stack AI capabilities, will also provide foundational location services APIs and SDKs to build innovative localised mapping-based solutions.
“With Krutrim, our enterprises and developers will no longer have to be dependent on complex and cost-heavy western cloud platforms, which are not optimised for the Indian use cases. Our Krutrim assistant app will revolutionise the adoption of GenAI with its ability for seamless integration into everyone’s life by solving the complexity and fragmentation often experienced with digital tools and services,” Aggarwal said in a statement.
Earlier this year, Krutrim became India’s first unicorn of 2024 after raising $50 million at a $1 billion valuation. The firm raised the capital from investors led by venture capital fund Matrix Partners India. Unicorns are privately-held startups valued at $1 billion or more.