{"id":1014647,"date":"2026-06-16T07:39:32","date_gmt":"2026-06-16T02:09:32","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1014647"},"modified":"2026-06-16T07:43:30","modified_gmt":"2026-06-16T02:13:30","slug":"hcltech-to-buy-10-5-stake-in-sarvam-ai-valuing-startup-at-1-5-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/16\/hcltech-to-buy-10-5-stake-in-sarvam-ai-valuing-startup-at-1-5-billion\/","title":{"rendered":"HCLTech to buy 10.5% stake in Sarvam AI, valuing startup at $1.5 billion"},"content":{"rendered":"<p>India&#8217;s HCLTech said on Monday it will acquire a 10.5% stake in domestic generative AI startup Sarvam AI for \u20b914.27 billion ($150.7 million) in cash, leading the firm&#8217;s Series B \u200cround \u2060as \u2060a strategic investor. <\/p>\n<p>Sarvam was valued at $1.5 billion in the round, which raised $234 million in its first close out of a targeted $300 million, the startup said. <\/p>\n<p>HCLTech said it will acquire 41,421 equity \u2060shares in \u200cthe startup and fund its research and development aimed at training next-generation \u2060models for agentic AI, coding and cybersecurity use cases.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s HCLTech said on Monday it will acquire a 10.5% stake in domestic generative AI startup Sarvam AI for \u20b914.27 billion ($150.7 million) in cash, leading the firm&#8217;s Series B \u200cround \u2060as \u2060a strategic investor. Sarvam was valued at $1.5 billion in the round, which raised $234 million in its first close out of a targeted $300 million, the startup said. HCLTech said it will acquire 41,421 equity \u2060shares in \u200cthe startup and fund its research and development aimed at training next-generation \u2060models for agentic AI, coding and cybersecurity use cases.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1014647","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1014647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1014647"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1014647\/revisions"}],"predecessor-version":[{"id":1014670,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1014647\/revisions\/1014670"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1014647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1014647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1014647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}