SynopsisThe latest investment follows the first close of the Series B in June when HCLTech led a $234 million financing alongside Bessemer Venture Partners and existing investors Khosla Ventures and Peak XV Partners, valuing the Bengaluru-based startup at $1.5 billion post money.India’s sovereign AI lab Sarvam AI has become the first Indian company to onboard global chipmaker Nvidia as a strategic investor in a $75 million extension of its Series B round to scale Sarvam’s compute needs, cofounder Pratyush Kumar told ET.“It’s encouraging to see Nvidiabetting on Indian companies,” Kumar said. “Sarvam is the first Indian company to receive an investment from Nvidia. We’ve worked extensively on the NVIDIA stack over theNow Playing
Nvidia plugs into India's sovereign AI stack, joins Sarvam's $75 million raise - The Economic Times
The latest investment follows the first close of the Series B in June when HCLTech led a $234 million financing alongside Bessemer Venture Partners and existing investors Khosla Ventures and Peak XV Partners, valuing the Bengaluru-based startup at $1.5 billion post money.
TL;DRAI
Nvidia invests $75M in Sarvam AI—first Indian company to receive Nvidia capital—extending Series B to $1.5B valuation. Strategic bet signals confidence in India's sovereign AI stack and local compute amid US-China tech competition.
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