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India’s homegrown AI start-up Sarvam AI is in advanced discussions to raise a major funding round.
Sarvam AI is in advanced talks for a funding round valuing it at $1.5 billion.
KEY POINTS
- Nvidia, Amazon, and HCLTech plan to invest $150–200 million collectively in Sarvam AI.
- Recent term sheets have been signed, with final round structure being finalised.
- Sarvam AI's valuation surged from $110 million in 2023 to nearly $1.5 billion now.
- Recent partnerships with Qualcomm, Nokia, and Bosch have strengthened Sarvam AI's market position.
COMPANIES
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