Sarvam AI

Summary active Updated Jun 3, 2026

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Location Bengaluru, India
Founded 2023
Latest Stage Series B
Total Raised $275M+
Website https://www.sarvam.ai
Sector
ai generative-ai sovereign-ai llm

Investors

Bessemer Venture Partners series-b (2026)
Khosla Ventures series-b (2026)

Founders

Vivek Raghavan Co-Founder & CEO
Pratyush Kumar Co-Founder

About

Sarvam AI is a Bengaluru-based generative AI company building sovereign large language models for India, with a focus on Indic languages and applications across banking, insurance, government, and defense 1. The company was co-founded in 2023 by Vivek Raghavan and Pratyush Kumar, both veterans of India’s digital public infrastructure work 12. Sarvam was selected by India’s government as the first startup to build a sovereign foundational LLM under the IndiaAI Mission 1.

Funding History

Date Round Amount Lead Co-investors
2026-06-15 Series B $234M HCLTech Bessemer Venture Partners, Khosla Ventures, Peak XV Partners 13
2023-12-06 Seed $41M Lightspeed Venture Partners Peak XV Partners, Khosla Ventures 2

The June 2026 Series B was led by HCLTech with a ₹1,427.25 crore strategic investment for a 10.46% stake, with participation from existing backers Khosla Ventures and Peak XV Partners alongside new investor Bessemer Venture Partners 13. The round valued Sarvam at approximately $1.5 billion, making it India’s newest AI unicorn 1.

What Investors Say

“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.” — Vivek Raghavan, CEO, quoted in TechCrunch coverage of the Series B 1.

What Founders Say

No independently sourced founder commentary beyond the Series B announcement quote above is available at this time.

Sources

  1. Manish Singh, “Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech,” TechCrunch, June 15, 2026. Accessed June 2026. https://techcrunch.com/2026/06/15/sarvam-becomes-indias-newest-ai-unicorn-with-234-million-funding-round-led-by-hcltech/↩↩↩↩↩↩↩

  2. Manish Singh, “India’s Sarvam AI raises $41 million from Lightspeed, Khosla, Peak XV,” TechCrunch, December 6, 2023. Accessed June 2026. https://techcrunch.com/2023/12/06/indias-sarvam-ai-raises-41-million-from-lightspeed-khosla-peak-xv↩↩

  3. “HCLTech Invests ₹1,427.25 Crores in AI Company Sarvam AI,” InvestyWise, June 2026. Accessed June 2026. https://www.investywise.com/hcltech-strategic-investment-in-sarvam-ai/↩↩