ReferIndia News Sarvam AI Turns Unicorn After Raising $234 Million In Series B Funding Round, Valuation Hits $1.5 Billion

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Sarvam AI Turns Unicorn After Raising $234 Million In Series B Funding Round, Valuation Hits $1.5 Billion

Published on: June 16, 2026, 10:21 a.m. | Source: Free Press Journal

Indian AI startup Sarvam has joined the unicorn club after raising $234 million in the first close of its $300 million Series B funding round, valuing the company at $1.5 billion. Led by HCLTech, the funding will support the development of advanced AI models, computing infrastructure, and sovereign AI solutions tailored for enterprises, governments, and Indian-language applications.

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