Large Indian IT services firm that co-led Sarvam AI's Series B and took a 10.5% strategic stake.
“Sarvam AI secured $234 million in Series B funding. The Indian generative AI startup is now a unicorn, valued at $1.5 billion.”
“Sarvam AI | Sovereign and multilingual AI | Raised $234M first close of a $300M Series B at $1.5B valuation...co-led by HCLTech (which invested $150.7 million for a 10.5% stake) and Bessemer Venture Partners.”
Source→“HCLTech's $150M strategic stake in Sarvam AI signals that large Indian IT services firms are actively acquiring AI capability — not just partnering with it.”
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