Sarvam Raises $234M Series B at $1.5B Valuation

Sarvam, an India-based sovereign AI company, has raised $234 million in the first close of a $300 million Series B round, valuing the company at $1.5 billion. The firm focuses on building full-stack AI solutions tailored for Indian enterprises and government entities.

Investors

The funding round was led by HCLTech, a global technology consulting and digital solutions firm. Additional investors participating in the round include Bessemer Venture Partners, along with existing investors Khosla Ventures and Peak XV Partners.

Sarvam Use of Funds

The company plans to use the capital to fund continued research and training for its next-generation frontier models, specifically targeting agentic, coding, and cybersecurity use cases. The funds will also support the expansion of its forward-deployed operations across key verticals and provide access to compute infrastructure at scale.

About Sarvam

Founded by Pratyush Kumar and Vivek Raghavan, Sarvam provides a sovereign AI platform designed to create intelligence that works at India's scale. The company develops AI models that understand local languages, process documents, and provide intelligence to enterprises and governments.

Funding Details

Company Website: https://sarvam.ai

Company: Sarvam
Raised: $234M
Round: Series B
Funding Date: June 15, 2026
Lead Investor: HCLTech
Additional Investors: Bessemer Venture Partners, Khosla Ventures, Peak XV Partners
Software Category: Artificial Intelligence
Source: https://www.bwdisrupt.com/article/sarvam-secures-234-mn-in-first-close-of-300-mn-series-b-at-1-5-bn-valuation-610808