India’s first GenAI unicorn just changed the plot. Krutrim says it is concentrating on domestic AI cloud services after pausing chip bets and cooling model-lab theater. FY26 revenue about ₹300 crore, first annual profit claimed, more than 25 enterprise customers on the roster. TechCrunch framed the reality check. It matters because sovereign compute can pay bills even when trillion-parameter dreams do not. Caveat: group-company demand can inflate “external” traction; watch how much revenue sits outside the Ola orbit.