Sarvam AI Hits Record Series B Valuation as Sovereign AI Gains Urgency

Indian AI startup Sarvam AI has reached a reported valuation of $1.5 billion after raising $234 million in the first close of its Series B round, making it the highest reported Series B valuation in India’s startup history. The round, led by HCLTech, is expected to reach about $300 million in total. The valuation puts