Ola founder’s AI startup Krutrim becomes India's newest unicorn after landing $50m

Ola founder’s AI startup Krutrim becomes India's newest unicorn after landing $50m

Bhavish Aggarwal, CEO and co-founder of Ola, an app-based cab service provider, poses in front of an Ola cab in Mumbai March 3, 2015. REUTERS/Shailesh Andrade/File Photo

Krutrim, an AI startup established by Ola founder Bhavish Aggarwal, has announced raising $50 million in its first funding round at a valuation of $1 billion.