Sarvam Secures $234M
Sarvam, an Indian AI platform, raises $234 million in Series B funding at a $1.5 billion valuation, led by HCLTech, to expand its AI services
Sarvam, an Indian IT services company, provides a sovereign AI platform built on sovereign compute and powered by frontier-class models, delivering population-scale impact. The company has raised $234 million in Series B funding, with HCLTech as the lead investor, at a valuation of $1.5 billion. The funding amount is significantly higher than the initial investment of $150 million announced by HCLTech. Sarvam will use the funds to further develop its AI platform and expand its services. The company's platform offers various AI-powered tools, including text-to-speech, speech-to-text, and document digitization, and is designed to serve the Indian market. With this investment, Sarvam aims to strengthen its position in the Indian AI market and deliver innovative solutions to its customers. The company's partners include major Indian enterprises such as Tata Capital, SBI Life, and Skill Development India, among others.
Founders
- Dr. Vivek Raghavan
- Dr. Pratyush Kumar
Press
About the Company
AI unicorn
Sarvam is India's full-stack sovereign AI platform, with speech-to-text, text-to-speech, translation, and conversational agents across 22 Indian languages. Start free.