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Indian AI startup Sarvam raised $234 million in the first close of its Series B round, achieving a $1.5 billion valuation. The funding marks one of the largest rounds for an Indian AI company. Sarvam focuses on building generative AI models tailored for Indian languages and contexts.

Indian AI startup Sarvam raised $234 million in the first close of a $300 million Series B, valuing the company at $1.5 billion. HCLTech acquired a 10.5% stake for approximately $150 million in cash.

Sarvam raised $234 million in the first close of a $300 million Series B at a $1.5 billion valuation, becoming India's newest AI unicorn. HCLTech invested $150 million as lead strategic investor. Bessemer Venture Partners, Khosla Ventures, and Peak XV Partners also participated.

AI startup Sarvam raised $234 Mn as part of a $300 Mn Series B led by HCLTech, reaching a $1.5 Bn valuation. The company will use the capital to develop agentic AI, coding, and cybersecurity models. Sarvam's platforms handle over 2 Mn daily interactions and 10 Mn API calls.
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