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HCL Tech shares in focus after buying stake in Sarvam AI for Rs 1,427 crore
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 frontier and sovereign AI capabilities while strengthening HCLTechs enterprise offerings amid moderated growth expectations.
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thenextweb.com
Sarvam is India's newest AI unicorn after a $234m round
Sarvam raised $234m led by HCLTech ($150m) at a $1.5bn valuation, making the Bengaluru sovereign-AI company India's newest AI unicorn.
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economictimes.indiatimes.com
Sarvam raises $234 million led by HCLTech at $1.5 billion valuation - The Economic Times
Bessemer Venture Partners, and existing investors Khosla Ventures and Peak XV Partners also participated in the round that values Sarvam at $1.5 billion.
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thehindubusinessline.com
HCLTech invests ₹1,427 crore as a lead strategic investor in Sarvam AI
In total, the AI company has raised $234 million(around ₹2,218.61 crore) in the first close of its $300 million Series B at a postmoney valuation of $1.5 billion
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techcrunch.com
Sarvam becomes India's newest AI unicorn with $234 million funding round led by HCLTech | TechCrunch
Indian IT services company HCLTech is investing $150 million in the Bengaluru startup.
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channelnewsasia.com
Indian AI model developer Sarvam raises US$234 million, valuing it at US$1.5 billion
Indian IT services and technology company HCLTech led the funding round with a US$150 million investment and will work with Sarvam to develop language models and AI solutions for…
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India's HCLTech to buy 10.5% stake in Sarvam AI, valuing startup at $1.5 billion
June 15 : India's HCLTech said on Monday it will acquire a 10.5 per cent stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees ($150.7 million) in cash,…
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cryptobriefing.com
Sarvam becomes India's newest AI unicorn with $234M funding round
Sarvam AI raises $234M at a $1.5B valuation, with HCLTech investing $150M. The Bengaluru startup builds sovereign AI models for India's 22 languages.
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Sarvam joins unicorn club; Razorpay lines up IPO
Fresh funding has propelled Sarvam AI into the unicorn club. This and more in todays ETtech Top 5.
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newsbytesapp.com
Sarvam AI turns unicorn after raising $234M at $1.5B
AI startup Sarvam has secured $234 million in its Series B round, led by HCLTech's $150 million investment, reaching a $1.5 billion valuation.
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thehindu.com
Sarvam raises $234 million; HCLTech leads the round; hits $1.5 billion in valuation
Sarvam raises $234 million led by HCLTech, achieving a $1.5 billion valuation to advance sovereign AI solutions.
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timesofindia.indiatimes.com
Sarvam joins unicorn club, raises $234 million
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…
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yourstory.com
Sarvam AI turns unicorn; Razorpay confidentially files IPO papers
Sarvam AI has raised $234 million in a major funding round led by HCLTech, backing its plans to build advanced AI models, expand infrastructure and strengthen India’s sovereign AI…
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HCL Tech shares in focus after buying stake in Sarvam AI for Rs 1,427 crore
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…
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HCLTech shares gain 4% after ₹1,427 cr investment in Sarvam AI
Shares of HCL Technologies rose nearly 4 per cent on Tuesday after the IT services major announced a ₹1,427.25 crore investment in Sarvam AI, marking what analysts described as a…
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Sarvam: When US slams the door, India begins to find its own opening
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.…