Back-to-back unicorn rounds highlight growing investor interest in startups building strategic technologies, even as such capital remains limited across India’s wider deep-tech ecosystem ....
Sarvam AI has raised $234 million in a major funding round led by HCLTech, backing its plans to build advanced AI models, expand infrastructure and strengthen India’s sovereign AI ecosystem ....
HCLTech shares rose after it agreed to buy a 10.46 per cent stake in Sarvam AI for Rs 1,427.25 crore, joining Bessemer in Sarvam AIs 300 million dollar Series B round ....
The startup, which focuses on developing AI models tailored for Indian languages and use cases, believes sovereign AI has become a strategic necessity ... .