Sarvam secures $234M led by HCLTech, becomes India’s latest AI unicorn

Sarvam announced a $234 million funding round led by HCLTech. The investment gives Sarvam a valuation that qualifies it as a unicorn. Sarvam focuses on developing artificial‑intelligence technologies. The new capital will support product development and market expansion. HCLTech’s leadership of the round signals confidence in Indian AI startups. Sarvam joins a growing list of AI unicorns emerging from India. The company expects to accelerate hiring and research with the funding. Stakeholders anticipate stronger competition in the global AI market.