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.
TechCrunch reports on a startup founded by former Goldman and Meta talent building voice AI for underserved markets. The company has developed its own stack for Africa and the Middle East rather than relying only on generic solutions. Its system is now processing more than 17,000 calls per day, suggesting real-world traction in regional voice AI use cases.