Ola co-founder Bhavish Aggarwal's artificial intelligence startup, Krutrim, was reported to have reduced its fundraising target from $500 million to $300 million due to weak investor interest. However, Krutrim has officially denied the claims regarding the $300 million fundraising round. The company refuted reports suggesting a reduction in its fundraising target, maintaining that the information about the $300 million fundraise is inaccurate.