Sarvam becomes India’s newest AI unicorn — $234M at $1.5B valuation, led by HCLTech

Colleagues, sharing an AI update: Sarvam raised $234M at a $1.5B valuation.

- $150M from HCLTech as lead strategic investor; round included Bessemer, Khosla and Peak XV.
- Building full‑stack AI: models (30B, 105B), inference infra and applications for banking, insurance and government.
- Reports deployments at scale: 2M interactions/day and 10M API calls.
- Plans research on agent, coding and security models and commercialisation with HCLTech resources.

Why it matters: strengthens local capabilities for sovereign AI and access to compute.

Will this accelerate broad adoption of local models in business?

#AI #startups #SovereignAI #HCLTech