Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech

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Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech

Sarvam has raised $234 million at a $1.5 billion valuation, the company announced on Monday. The Bengaluru-based company is now India’s newest AI unicorn, as governments and companies seek greater …

Sarvam has raised $234 million at a $1.5 billion valuation, the company announced on Monday. The Bengaluru-based company is now India’s newest AI unicorn, as governments and companies seek greater control over critical artificial intelligence technologies and computing infrastructure. $150 million of that money will come from HCLTech, the IT subsidiary of Indian conglomerate HCL Group and lead strategic investor in the round. …

Original source: TechCrunch

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