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2024 first unicorn

https://www.moneycontrol.com/news/technology/bhavish-aggarwals-ai-startup-krutrim-turns-unicorn-after-raising-50-million-12129991.html

15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
ZestyPenguin
ZestyPenguin
Stealth15mo

It feels like there is a race - to be unicorn. Haven’t seen this kind of frenzy before. And in that race the only people who stands to gain are the founders/investors. They have all become so insensitive to the livelihood of their employees. After a year, who knows if this one will also do a layoff! Who will ask anyone about the affected people.

FluffyPretzel
FluffyPretzel
Stealth15mo

Seriously, what’s Bhavish upto? Waaaay too many pivots but VCs are writing cheques !

SwirlyRaccoon
SwirlyRaccoon
Target15mo

Useless paper valuations, unless it can be backed up by solid revenue.

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Indian Startups
Indian Startups15mo
by DerpyTacoZepto

India's 1st Unicorn in 2024

Krutrim has become a unicorn after securing $50m in funding, making it the first Indian AI startup with a valuation of $1bn. It seems like an extremely overvalued company being built yet again. Thoughts?

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Top comments
user

Are we going back to good golden days of insane salaries. I am really curious on how was the valuation decided. On wh...

user

Got to give it to the man. Saw him at Araku a while back and he sure has the suave and intellect to sell a vision+bui...

user

Been working on using and fine-tuning LLMs for last 6 months... trust me you don't have a moat if USP of your LLM is ...