Sarvam Becomes India's Newest AI Unicorn with $234 Million Round Led by HCLTech
TechCrunch AI·4 hours ago·Business
Sarvam, a Bengaluru-based AI startup, has achieved unicorn valuation after closing a $234 million funding round led by HCLTech. The Indian IT services giant contributed $150 million — more than 64% of the total raise — making it the dominant backer in the deal. The milestone places Sarvam among India's most heavily capitalized AI ventures and underscores growing strategic interest from established Indian corporations in domestic AI development.
