★ Top story · IndustryJun 15
Sarvam raises $300M Series B
Bengaluru-based Sarvam AI has secured $300 million in a Series B funding round, pushing the company to unicorn status. The investment includes a $150 million contribution from IT services firm HCLTech. This capital infusion highlights growing corporate interest in specialized Indian artificial intelligence development, providing the startup with the resources to expand its domestic enterprise solutions. The partnership with HCLTech marks a significant integration between India’s established IT infrastructure and emerging generative AI providers.