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NDTV PROFIT - LATEST · INDIAN ·

HCLTech Snaps Up 10.46% Stake In Sarvam AI For Rs 1,427 Crore, Propels Startup To $1.5B Valuation

As reported by NDTV Profit - Latest
With $234 million secured out of a targeted $300 million, the fresh capital catapults Sarvam AI to unicorn status with a post-money valuation of $1.5 billion.
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HCLTech has acquired a 10.46% stake in Sarvam AI for Rs 1,427 crore, contributing to a funding round that has already secured $234 million out of a targeted $300 million. This strategic investment propels Sarvam AI to unicorn status, reaching a post-money valuation of $1.5…

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