Sarvam co-founder emphasizes the need for India to develop its own AI stack beyond recent funding to achieve sovereignty in AI.

US export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on foreign providers, urging a national…

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…

Sarvam AIs rise to a $1.5 billion valuation after raising $234 million marks a major milestone for Indias push toward AI sovereignty. The funding comes shortly after the U.S.…

India's generative AI landscape is thriving, yet it seeks greater global financial backing. While local startups are making strides in fundraising, their valuations still pale in…