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SARVAM AI RAISES $234M IN SERIES B, VALUED AT $1.5B

Indian generative AI startup Sarvam closed the first tranche of a $300M Series B round at a $1.5B valuation. HCLTech acquired a 10.5% stake for approximately $150M in cash.

1 SOURCEFIRST SEEN JUN 15, 03:05 PM► READ THE ARTICLE

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Indian AI startup Sarvam raised $234M in the first close of a $300M Series B at a $1.5B valuation, with HCLTech acquiring a 10.5% stake for ~$150M in cash (Urvi Dugar/Reuters)

Urvi Dugar / Reuters: Indian AI startup Sarvam raised $234M in the first close of a $300M Series B at a $1.5B valuation,…

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