HCLTech commits $150M to Sarvam AI, valuing startup at $1.5B
HCLTech plans to invest $150 million in Bengaluru AI startup Sarvam AI, leading a $300 million funding round that values the company at $1.5 billion. The deal marks a significant shift for the Indian IT services giant, betting on home‑grown foundational AI models tailored for the Indian market.