FundingTechCrunch· Jun 15, 2026
Sarvam Raises $234 Million Led by HCLTech to Become AI Unicorn
Bengaluru-based startup Sarvam has reached unicorn status after closing a $234 million funding round. HCLTech led the investment with a $150 million commitment. The deal underscores increasing involvement by major Indian IT services firms in the domestic AI ecosystem.
Key points
- →Sarvam achieves unicorn valuation via $234 million round
- →HCLTech provides $150 million as lead investor
- →Bengaluru startup gains backing from established IT services company
- →Funding reflects rising AI activity in India's tech sector
Mentioned
SarvamHCLTech
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