MagicalHamster
MagicalHamster

This is major. $1Bn round, while getting a premium in valuation.

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7mo ago
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Indian Startups
by DerpyTacoRazorpay

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