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AI venture Krutrim struggles with senior talent exits over the past year

Business Standard LogoBusiness Standard9h ago

AI venture Krutrim struggles with senior talent exits over the past year - Business Standard

Quick Summary:

The round, which saw participation from notable investors, such as Matrix Partners India, garnered investments worth $50 million in equity at a valuation of $1 billion.

Furthermore, he announced the launch of KrutrimAI lab and said that  the company has released its work to the open-source community, while publishing several technical reports.

These exits happened last year and this kind of churn is not unusual at a high-growth company,” said a person.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-01 @ 13:40:58 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 369 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26538600

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Official Website: business-standard.com

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News Last Updated: 3 hours ago

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