Ola's Krutrim pivots to AI cloud services, posts 3X revenue and first FY26 profit
Krutrim, India's first AI unicorn, reported ₹300 crore in revenue for FY26, a threefold increase over FY25, and its first annual net profit with a profit after tax margin of over 10%. The company has repositioned itself as a domestic AI Cloud Services provider, achieving financial self-sustainability.
Krutrim, India's first AI unicorn, has pivoted to AI cloud services, reporting ₹300 crore in revenue for FY26, a threefold increase over FY25. The company achieved its first annual net profit with a profit after tax margin of over 10%, marking a significant milestone. Krutrim's AI cloud service is built entirely in-house and deployed at large scale without external dependencies. The company has gained traction with over 25 large enterprise customers across various sectors. Krutrim's GPU compute capacity is witnessing strong external demand, with a majority already committed to external enterprise workloads. The company's repositioning follows a business realignment in late 2025, focusing resources on its core AI cloud services stack.
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