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Sarvam boost valuation to $1.5 billion with $234-million fundraiser

Sarvam boost valuation to $1.5 billion with $234-million fundraiser

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India-based full-stack sovereign AI company Sarvam has raised $234 million in the first close of its $300 million Series B at a post-money valuation of $1.5 billion. HCLTech and Bessemer Venture Partners invested in the round, with continued support from existing investors Khosla Ventures and Peak XV Partners. Sarvam builds across the AI stack: training [...] The post Sarvam boost valuation to $1.5 billion with $234-million fundraiser appeared first on Frontier Enterprise .

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