With this milestone, the Bengaluru-based company has officially become India’s newest AI unicorn.
The funding round saw participation from HCLTech and Bessemer Venture Partners, along with continued support from existing investors Khosla Ventures and Peak XV Partners.
Sarvam operates across the AI stack, including training and inference infrastructure, frontier model research, and a go-to-market strategy spanning enterprises, developers, and government clients. The fresh capital will be used to advance research on its next frontier model focused on agentic AI, coding, and cybersecurity use cases, as well as to scale compute infrastructure and expand deployment across key sectors.
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Co-founder Pratyush Kumar said the company is focused on building AI systems tailored to India’s scale and diversity.
“We are clear that research-led innovation to create AI that works at India’s scale is a very large opportunity. That means models that understand our voices, read our documents, and serve intelligence at a cost every enterprise and government can afford,” he said. “Building on this template, we are innovating on a full-stack offering for enterprises to own and operate their own sovereign AI.”
HCLTech has invested $150 million as the lead strategic investor in this round. The company said the partnership will help accelerate Sarvam’s goal of building a full-stack sovereign AI ecosystem for India and global markets by combining Sarvam’s AI research capabilities with HCLTech’s enterprise expertise and global client network.
HCLTech CEO and Managing Director C Vijayakumar said the investment marks a key step in strengthening India’s AI ecosystem.
“Our investment in Sarvam marks a significant step toward building India’s trusted and globally competitive AI ecosystem. By bringing together Sarvam’s research in AI models with HCLTech’s global presence, we are creating a differentiated full-stack AI platform for enterprises and governments,” he said.
According to HCLTech, Sarvam has rapidly advanced its research efforts in recent months, releasing foundational models trained entirely in India.
Its Sarvam 105B model reportedly matches or exceeds larger reasoning models in knowledge, reasoning, and agentic benchmarks, while Sarvam 30B is optimized for edge deployment on consumer hardware. The company’s Sarvam Vision model, designed for handwriting and Indian-language documents, is already being used to digitize over 35 million pages, including insurance forms and legacy land records.
Co-founder Vivek Raghavan said the company aims to democratize AI adoption across India.
“Our ambition is to diffuse this technology widely in India, creating significant value across sectors for citizens, small businesses, enterprises, and state and central governments,” he said. “We are positioned to both help them adopt and innovate on AI.”
Bessemer Venture Partners’ Pankaj Mitra also highlighted Sarvam’s role in building India’s sovereign AI infrastructure, calling it a “rare combination of research depth, engineering talent, and institutional trust.”