Lite Updates

HCLTech Leads $234 Million Series B in Sarvam AI at $1.5 Billion Valuation

Sabyasachi Chandra

:Sarvam AI raised $234 million in its Series B first close, becoming a sovereign AI unicorn at a $1.5 billion valuation.

HCLTech led the round with a massive ₹1,427 crore investment, securing a 10.46% equity stake.

The capital will fund immense compute infrastructure needed to scale Sarvam's 30-billion and 105-billion-parameter language models.

The strategic move signals Indian IT's pivot from relying solely on global AI partnerships (like OpenAI) to owning direct equity in localized foundational technology.

Read the full story on StartupFox

Read full story