Indian startup Sarvam AI raises $234 million

TDT | Manama

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Indian artificial intelligence startup Sarvam AI has secured $234 million in the first close of its $300 million Series B funding round, valuing the company at $1.5 billion. The investment was backed by major players including HCLTech, Bessemer Venture Partners, Peak XV Partners, and Khosla Ventures.

The Bengaluru-based company gained national attention earlier this year after launching two large language models developed and trained entirely in India. Designed to support 22 Indian languages and voice-based interactions, the models aim to address the country's linguistic diversity while competing with leading AI platforms from the United States and China.

Co-founder Pratyush Kumar said the company plans to accelerate development across all areas, emphasizing the need for India to build its own advanced AI capabilities. The funding comes amid growing global interest in “sovereign AI,” with countries seeking greater technological independence, data security, and compliance with local regulations.