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SARVAM AI STARTUP
HCLTech to invest $1.48 billion in AI data center, open 5,000-seat tech hubHCLTech will invest $1.48 billion to set up its first AI data centre in Odisha with Sarvam AI, as Indian IT firms expand into AI infrastruc...
HCLTech to set up Rs 14,257 crore AI data centre in Odisha with SarvamHCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The init...
Centre to back 20 sovereign AI modelsThis includes 30 billion and 105 billion parameter models by Sarvam AI, a speech-to-speech model by Gnani.AI, BharatGen's multilingual foun...
Govt identifies 20 indigenous AI foundation model proposals under IndiaAI Mission: ParliamentIndia's government is supporting twenty indigenous sovereign AI model proposals. These include twelve large and eight small language models...
ETtech Explainer: Why AI startups like Emergent, Sarvam, UnifyApps are seeing bigger bets & soaring valuationsIndian artificial intelligence startups are experiencing significant funding and valuation surges. Emergent and Sarvam AI recently achieved...
Meet the Indian startups that joined the billion-dollar club in H1 2026The startups span artificial intelligence, fintech, spacetech, and proptech, portraying the growing diversity of India’s startup ecosystem....
Vibe-coding startup Emergent's valuation jumps 5x to $1.5 billion in new fundingThe latest financing takes Emergent's total capital raised since inception to $230 million. The startup last raised $70 million in January,...
AI startup UnifyApps eyes $120 million from EQT as valuation set to tripleThe investment, which comes less than a year after the New York and Gurgaon-based startup raised $50 million from WestBridge Capital, is ex...
Elevation’s new India fund; InsuranceDekho charts D-Street pathHappy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech ...
India’s AI upstarts rake in $1 billion in H1 2026 as VCs double downIndian AI startups secured over one billion dollars in funding. This investment surge reflects a growing focus on frontier technology. Sarv...
Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
HCL Tech surges 6% on $1.14 billion AI deal; Mercedes-Benz likely clientHCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace an...
India, Japan deepen AI cooperation across full tech stack; agree on safe, secure, human-centric AI ecosystemIndia and Japan have forged a significant partnership to build a "safe, secure, trustworthy, and inclusive" AI ecosystem. This collaboratio...
From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
Maruti Suzuki picks 5 startups including Sarvam AI for multilingual customer supportMaruti Suzuki is partnering with five innovative startups to boost operational efficiency and customer experience. These collaborations, bo...
India’s AI dream is getting lost in translationIndia's ambition to become an AI superpower hinges on bridging its vast linguistic divide. Prime Minister Modi champions AI for inclusion, ...
AI startup Rocket in talks to raise $40-50 million: sourcesIf completed at the current terms, the round will mark a sharp re-rating for the company less than a year after it raised $15 million from ...
Amazon open to acquisitions in India, says CEO Andy JassyAsked whether Amazon would consider acquisitions in the quick commerce space and whether it might invest in homegrown AI companies such as ...
Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.
IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...