Krutrim’s AI chip dream collapses as pivots to cloud, founder exits, and startups rethink everything

Paused chip and LLM plans, plus a major team exodus

Krutrim, once India’s bold sovereign AI unicorn, is retrenching: it paused LLM and chip work, shut its consumer chatbot, and saw senior exits while shrinking from 550 to about 160 employees. The company is now pivoting toward AI cloud infrastructure, signaling retreat from its original ambition. The broader startup roundup also covers Fashinza leadership changes, Euler’s path to break-even, and a weekly funding slowdown.