ReferIndia News Sarvam AI Joins Unicorn Club, HCLTech Buys 10.5%

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Sarvam AI Joins Unicorn Club, HCLTech Buys 10.5%

Published on: June 16, 2026, 11:15 a.m. | Source: Outlook Business

Sarvam, India’s homegrown AI startup, has become the country’s newest unicorn after a $234 million Series B round led by HCLTech and Bessemer, valuing it at $1.5 billion. The fresh capital will power research on next-gen agentic, coding and cybersecurity models, expand compute capacity at scale, and support a full-stack sovereign AI platform for enterprises and governments in India and beyond.

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