
Sarvam AI raised $234 million in a Series B round led by HCLTech, valuing the company at $1.5 billion. HCLTech invested $150 million for a 10.46% stake. The startup handles over 2 million conversations and 10 million API calls daily, with FY26 revenue jumping to ₹45.1 crore from ₹1.5 crore.
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Summary by ByteBrief
Cyera raises $600M at $12B valuation