$HCLTECH

$HCLTECH led a fresh funding round for Sarvam AI, India's largest AI startup, investing Rs 1,427 crore ($150 million) and securing a 10.46% stake. The $300 million Series B round values Sarvam AI at nearly $1.5 billion. HCLTech will support Sarvam AI's R&D, providing access to computing infrastructure and expanding industry deployments.