Bhavish Aggarwal's Krutrim offering cloud credits worth ₹10,000 to IITians
Krutrim, an AI start-up founded by Bhavish Aggarwal in 2023, has announced a major initiative to support AI innovation across all IIT campuses. The company will be offering full access to its AI computing infrastructure for faculty members and students alike. This will be provided through a one-time credit of ₹10,000 that can be utilized over a year on Krutrim's cloud platform.
A step toward India's digital future
Aggarwal stressed that this initiative is not just about giving cloud credits, it's an investment in India's digital future. He said, "We aim to empower innovators in India, with homegrown cloud technology, ensuring they have the tools and resources to build solutions that address our nation's unique challenges." The move is in line with Krutrim's larger plan of backing developers with free cloud services worth ₹100 crore till Diwali 2025.
Krutrim's expansion and future plans
In light of the growing demand for cloud services amid the AI boom, Krutrim has launched more than 50 new service centers on its cloud. The company also plans to expand its data center capacity to 1GW by 2028. Earlier in 2024, Krutrum became the first Indian AI unicorn after it raised $50 million at a valuation of $1 billion.
