Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech
Sarvam, an Indian AI company, has secured $234 million in a Series B funding round, achieving unicorn status with a valuation of $1.5 billion. The round was led by HCLTech, with participation from existing investors like Khosla Ventures and Peak XV Partners. This funding will support Sarvam's research into next-generation AI models for applications such as agentic systems, coding, and cybersecurity, while also expanding its computing infrastructure. AI
IMPACT This funding will accelerate the development of sovereign AI capabilities in India, potentially challenging the dominance of global AI leaders.