Bhavish Aggarwal, founder of Ola, is aiming to raise up to $300 million for his AI startup Krutrim, down from an initial target of $500 million due to reduced investor interest. Despite no firm commitments yet, he is optimistic about attracting major investors like Goldman Sachs and JP Morgan.Krutrim, valued at $1 billion, focuses on AI solutions tailored for the Indian market, addressing local language needs and demonstrating the potential for significant valuations in emerging markets. Aggarwal is leveraging shares from his electric vehicle company, Ola Electric, to support this venture, showcasing a novel funding strategy among Indian entrepreneurs.