Krutrim, the artificial intelligence subsidiary of Ola, has categorically denied reports suggesting it is engaged in fundraising efforts amounting to USD 300 million. In a strongly worded statement, the company clarified that it is not seeking external equity investment and labeled the media report in question as factually incorrect. Backed firmly by internal funding from its promoter and select strategic investors, Krutrim emphasized its continued focus on executing its long-term AI roadmap.