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SARVAM FUNDING ROUND
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...16 Jun, 2026, 09.19 AM IST- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.16 Jun, 2026, 07.56 AM IST
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.15 Jun, 2026, 10.01 PM IST
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...15 Jun, 2026, 09.11 PM IST
- America's shutdown of Anthropic's AI models is not a surprise. And India has seen it coming for 30 yearsThe US government's export control order on Anthropic's advanced AI models, blocking non-American nationals, highlights a long-standing Ind...15 Jun, 2026, 02.26 PM IST
- Minority affairs ministry plans major AI rolloutThe minority affairs ministry is integrating artificial intelligence into its services. AI chatbots and voice solutions will soon support c...05 Jun, 2026, 06.00 AM IST
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...03 Jun, 2026, 07.53 PM IST
- Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr FlowFounded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps...27 May, 2026, 06.00 AM IST
- Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...18 May, 2026, 10.45 AM IST
- Paperwork causing AI mission lag as startups flag funding, IP concernsIndiaAI mission startups face delays in formal agreements, impacting non-compute support and raising IP concerns. While compute access is p...10 May, 2026, 06.00 AM IST
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...08 May, 2026, 11.52 AM IST
- Early-stage tech draws VC interest across aviation, biotech, precision manufacturingInvestors are prioritising smaller, early-stage deals in deeptech sectors like AI, healthcare, and precision manufacturing, shying away fro...07 May, 2026, 06.00 AM IST
- Premji Invest in talks to join Emergent fundraisePremji Invest is reportedly in talks for a significant investment in coding platform Emergent's $250 million funding round, which could val...06 May, 2026, 09.52 AM IST
- Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...06 May, 2026, 07.37 AM IST
- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.20 Apr, 2026, 09.24 AM IST
- Glade Brook in talks to join Sarvam’s funding; AI startup may hit $1.5 billion valuationUS-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...20 Apr, 2026, 06.00 AM IST
- Sarvam AI in talks to raise $250-300 million from Nvidia, Accel, HCLTechThis round of funding will value the foundational AI startup at about $1.2 billion, giving it unicorn status. This would be a tenfold rise ...25 Mar, 2026, 08.22 AM IST
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