Sarvam hits $1.5bn valuation after $234m Series B first close
Key takeaways
- The investment round saw Indian IT company HCLTech act as the lead strategic investor, agreeing to contribute $150m.
- The new capital is intended to support Sarvam s ongoing research and development, particularly in training its next advanced AI models for applications in agentic functions, coding, and cybersecurity.
- The investment will also be used to expand computing infrastructure to allow for deployment across sectors involving enterprises, developers, and government agencies.
Sarvam hits $1.5bn valuation after $234m Series B first close Sarvam develops AI products for training and inference infrastructure · Verdict Anwesha Pattanaik Tue, June 16, 2026 at 4:27 PM GMT+7 2 min read HCLTECH.BO Sarvam, an AI company based in India, has secured $234m in the first close of a planned $300m Series B funding round, resulting in a post-money valuation of $1.5bn.
The investment round saw Indian IT company HCLTech act as the lead strategic investor, agreeing to contribute $150m. Bessemer Venture Partners also participated, alongside existing backers Khosla Ventures and Peak XV Partners.
The new capital is intended to support Sarvam s ongoing research and development, particularly in training its next advanced AI models for applications in agentic functions, coding, and cybersecurity.