Sarvam AI closes $300 million Series B led by HCL Technologies and Bessemer Venture Partners
Sarvam AI, building a full-stack sovereign AI platform optimized for Indian languages and governance, closed its Series B with HCL Technologies as lead investor acquiring a 10.46% equity stake. Bessemer Venture Partners co-led the round alongside existing backers. The capital will support next-generation model development (agentic AI, coding, cybersecurity), large-scale GPU and compute access, and vertical deployment in Indian governance contexts.
Why it mattersHCL's strategic equity stake signals enterprise demand for sovereign, language-localized AI infrastructure in India; the 10.46% acquisition indicates deep partnership beyond typical institutional venturing and may require CCI review under beneficial ownership thresholds.
SectorTechnology
Value$300 million
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Sources
- Bar & Bench – DealStreet
- Sarvam AI (Company Press Release / Press Note) · official
- HCL Technologies – Investor Relations / Press Release · official
- Economic Times – VC & Startup Coverage
- Bessemer Venture Partners – Portfolio Announcement · official
- Ministry of Electronics & Information Technology (MeitY) – Sovereign AI & AI Infrastructure Initiatives · official
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