Business and economics

Sarvam AI Becomes Unicorn with $234 Million Funding

Published on 20 Jun 2026

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Sarvam AI Becomes Unicorn with $234 Million Funding
  • Bengaluru-based sovereign AI startup Sarvam AI raised $234 million in Series B (first close), achieving $1.5 billion post-money valuation.
  • Funding led by HCLTech ($150 million) with participation from Bessemer Venture Partners, Khosla Ventures, and Peak XV Partners.
  • Founded in 2023 by Vivek Raghavan and Pratyush Kumar.
  • Funds will support next-gen AI models (agentic AI, coding assistants, cybersecurity), compute infrastructure, and enterprise deployments in banking, insurance, defence, etc.
  • Strengthens India’s sovereign AI ambitions.
Source: SarkariPariksha