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HCLTech leads a $300 million funding round in Sarvam AI, with a $150 million investment at a $1.5 billion valuation. Bessemer Venture Partners and others also join the round.

PRIVATEMay 14, 2026•16 days ago

Amount Raised

$300 Million

BengaluruSoftware

Investors

Glade BrookActivateProsperity7NvidiaBessemer Venture PartnersHcl Tech

Description

HCLTech is set to lead a $300 million funding round in Sarvam AI with a $150 million investment. Other investors include Bessemer Venture Partners and Nvidia, contributing additional funds. The round values Sarvam at $1.5 billion, marking a significant increase. This funding is aimed at bolstering Sarvam's AI initiatives amid a competitive landscape.

Company Information

Company

Sarvam AI

Location

Bengaluru, Karnataka, India

About

We are an AI/ML research and development company on a mission to build reliable, performant, enterprise-grade AI systems at scale for India. We are committed to build the full-stack for generative AI for the rich & diverse landscape of India, mainly investing in: 1) Models: developing both efficient large scale Indic language models as well as bespoke enterprise models 2) Platform: building an enterprise-grade platform that empowers organisations to develop and ship creative and performant genAI applications at scale 3) Ecosystem: contributing to open-source models and datasets, as well as leading efforts for large scale data curation in public-good space

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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