Bessemer Venture Partners, and existing investors Khosla Ventures and Peak XV Partners also participated in the round that values Sarvam at $1.5 billion.

Sarvam raised $234m led by HCLTech ($150m) at a $1.5bn valuation, making the Bengaluru sovereign-AI company India's newest AI unicorn.

Bessemer Venture Partners, and existing investors Khosla Ventures and Peak XV Partners also participated in the round that values Sarvam at $1.5 billion.

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in todays ETtech Top 5.

BENGALURU: Homegrown AI startup Sarvam has raised $234 million in a funding round led by HCLTech and Bessemer Venture Partners, catapulting its valuation to $1.5 billion and…

Happy Tuesday! Sarvam AI has vaulted into the unicorn club after a fresh funding round. This and more in todays ETtech Morning Dispatch.

HCLTech will remain in focus after investing Rs 1,427 crore in Sarvam AI, becoming the lead investor in the startups Series B funding round. The partnership aims to advance…