Originally published on AI Tech Connect.
What you need to know $234M in, more to come. This is the first close of a planned $300M Series B, announced on 15 June 2026. $1.5 billion valuation — Sarvam is officially India's newest AI unicorn. HCLTech led with $150M for a 10.5% stake, with Bessemer Venture Partners joining and existing backers Khosla Ventures and Peak XV Partners continuing. The money funds the full stack — training and inference infrastructure, frontier model research, and go-to-market across enterprises, developers and government. For builders, this is a hiring signal. A funded Indian frontier lab is a talent magnet, and the same sovereign-AI logic is playing out in the UK. On 15 June 2026, Bengaluru-based Sarvam announced that it had raised $234M — the first close of a $300M Series B — at a $1.5 billion post-…
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