Sarvam Becomes India’s Newest AI Unicorn with $234M Raise as Sovereign AI Push Intensifies
Sarvam, the Bengaluru-based AI startup building full-stack Indian-language AI infrastructure, has raised $234 million at a $1.5 billion valuation, making it India’s newest AI unicorn. HCLTech, the IT subsidiary of HCL Group, led the round with a $150 million strategic commitment, with Bessemer Venture Partners participating alongside existing backers Khosla Ventures and Peak XV Partners. […]