Sarvam raises $234 million; HCLTech leads the round; hits $1.5 billion in valuation

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HCLTech would put  $150M arsenic  the pb  strategical  capitalist  successful  this round.

HCLTech would put $150M arsenic the pb strategical capitalist successful this round. | Photo Credit: Reuters

Sarvam, a sovereign AI firm, connected Monday (June 15, 2026) said it has raised $234 cardinal successful the archetypal adjacent of its $300 cardinal Series B astatine a post-money valuation of $1.5 billion.

HCLTech and Bessemer Venture Partners invested successful the round, with continued enactment from existing investors Khosla Ventures and Peak XV Partners, said Sarvam successful a statement. The concern is expected to money Sarvam’s continued probe connected grooming its adjacent frontier exemplary for agentic, coding, and cybersecurity use-cases, arsenic good arsenic entree to compute astatine standard to grow its forward-deployed question crossed cardinal verticals.

HCLTech would put $150M arsenic the pb strategical capitalist successful this round. By combining its heavy endeavor translation expertise, trusted planetary lawsuit relationships, information and different bundle IP, and engineering depth, HCLTech would accelerate Sarvam’s extremity of gathering a powerful, end-to-end sovereign AI ecosystem for India and beyond, it said.C Vijayakumar, CEO & Managing Director of HCLTech said, “By bringing unneurotic Sarvam’s probe successful AI models with HCLTech’s planetary presence, we are creating a differentiated full-stack AI level for enterprises and governments, strengthening our quality to present secure, scalable, and liable AI solutions.”

HCL’s concern successful Sarvam marked a important measurement toward gathering the country’s globally competitory AI ecosystem, Mr. Vijayakumar said.

According to Sarvam, it builds crossed the AI stack: grooming and inference infrastructure, frontier exemplary research, and a go-to-market question spanning enterprises, developers, and government. In the past fewer months, Sarvam has released foundational models, each trained from scratch successful India, the steadfast claimed.

Published - June 15, 2026 08:28 p.m. IST

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