AI startup Sarvam raises $234 million in first tranche of Series B round
BENGALURU: Artificial intelligence startup Sarvam has secured $234 million in the first tranche of its planned $300 million Series B funding round at a post-money valuation of $1.5 billion.
HCLTech is leading the round with a $150 million investment, while Bessemer Venture Partners has joined the funding round alongside existing investors Khosla Ventures and Peak XV Partners.
The company said the funds will be used to continue research on its next frontier model for agentic AI, coding and cybersecurity applications, and to expand access to computing infrastructure.
