← Back to Model Beat
Industry·Jun 15·all news from June 15, 2026

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.

Covered by 68 sources · 100 articles

Related stories

IndustrySpaceX Cements $60 Billion Cursor Takeover Following IPOJun 16 · 11 sourcesIndustryNew research shows how AMIE, our medical AI, could help manage health conditions.Jun 16 · 12 sourcesIndustrySalesforce to Buy AI Customer Service Firm Fin for $3.6 BillionJun 15 · 6 sourcesIndustryOpenAI burned through $34 billion last yearJun 16 · 4 sources