Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly.See plans and pricing.See plans →
Sarvam AI raises $234 million in the first close of its $300 million Series B round, led by HCLTech and Bessemer Venture Partners. This funding values the startup at $1.5 billion, contributing to India’s unicorn club.
PRIVATEAug 20, 2026•about 4 hours ago
Amount Raised
$234 Million
Round Type
Series B
BengaluruSoftware
Investors
NvidiaBessemer Venture PartnersHcl Tech
Description
Sarvam AI, focusing on building India's own large language model, has successfully raised $234 million in the first close of its Series B funding round. The round is expected to reach a total of $300 million, with prominent investors such as HCLTech and Bessemer Venture Partners leading the investment. Following this funding, Sarvam AI's valuation surged to $1.5 billion, marking its entry into the unicorn club.
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
Don't miss Sarvam AI's next move
Get an email the moment Sarvam AI raises, hires an exec, or expands, usually minutes after it happens.
BengaluruSoftware