Sarvam raises $234M, becomes India's newest AI unicorn

Sarvam has secured $234 million in a funding round led by HCLTech, achieving unicorn status with a $1.5 billion valuation. This significant investment underscores the global push for sovereign AI capabilities and greater control over critical AI technologies. The funds will support Sarvam's development of next-generation AI models focused on agentic, coding, and cybersecurity applications, alongside expanding its computing infrastructure. The company aims to build a full-stack AI business tailored for Indian languages and use cases, serving sectors like banking, insurance, government, and defense, and plans to combine its AI expertise with HCLTech's enterprise reach.