<\/p>
Bengaluru-based Sarvam AI has raised $234 million in the first close of a $300 million Series B round, the company announced on June 15, crossing the $1 billion valuation to become India’s newest unicorn. The round values the sovereign AI startup at $1.5 billion post-money.\u00a0<\/p>
HCLTech is the lead strategic investor, putting in $150 million, with Bessemer Venture Partners joining the round alongside existing investors Khosla Ventures and Peak XV Partners.<\/p>
“Our investment in Sarvam marks a significant step toward building India’s trusted and globally competitive AI ecosystem,” said C Vijayakumar, CEO and MD of HCLTech. “By bringing together Sarvam’s research in AI models with HCLTech’s global presence, we are creating a differentiated full-stack AI platform for enterprises and governments, strengthening our ability to deliver secure, scalable, and responsible AI solutions.”<\/p>
Sarvam was founded by Pratyush Kumar and Vivek Raghavan, both veterans of AI4Bharat, the IIT Madras-based language AI initiative.\u00a0<\/p>
The fresh capital will go toward training Sarvam’s next frontier model, with a focus on agentic, coding, and cybersecurity use cases, and toward expanding compute access to scale its forward-deployed operations across key verticals.<\/p>
“We are clear that research-led innovation to create AI that works at India’s scale is a very large opportunity,” said co-founder Pratyush Kumar.<\/p>
“That means models that understand our voices, read our documents, and serve intelligence at a cost every enterprise and government can afford. Building on this template, we are innovating on a full-stack offering for enterprises to own and operate their own sovereign AI,” Kumar added.<\/p>
Sarvam has released two flagship models in recent months, both trained from scratch in India. Sarvam 105B is a large reasoning model the company says matches or outperforms larger rivals on knowledge, reasoning, and agentic benchmarks. Sarvam 30B is optimised for edge deployment on consumer hardware.<\/p>
The company has also released Sarvam Vision, a model built for handwriting recognition and Indian-language documents, which is being used to digitise over 35 million pages spanning insurance forms and land records.<\/p>
“Our ambition is to diffuse this technology widely in India, creating significant value across sectors for citizens, small businesses, enterprises, and state and central governments,” said co-founder Vivek Raghavan. “The partnership with HCLTech provides a unique example of an Indian corporate helping build foundational strength in India.”<\/p>
Sarvam did not disclose the timeline for closing the remaining $66 million of the round.<\/p> <\/div>
#Sarvam #unicorn #million #funding #HCLTech #leads #million1781530969<\/p> ","protected":false},"excerpt":{"rendered":"
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