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Today's Brief/Tuesday, 16 June 2026/๐Ÿš€ Business & Startups
๐Ÿš€ Business & Startups๐Ÿ‡ฎ๐Ÿ‡ณ India

Sarvam AI Hits Unicorn Status With $234 Mn Round Led by HCLTech

mint - companiesยทTuesday, 16 June 2026

Indian AI startup Sarvam has become India's 130th unicorn after raising $234 Mn (about โ‚น2,210 Cr) as part of its ongoing Series funding round. HCL Technologies led the round, committing $150 million for a 10.46% stake. Bessemer Venture Partners, Khosla Ventures, and Peak XV Partners also participated.

Why It Matters

This is a milestone for India's homegrown AI ambitions โ€” Sarvam is building what is described as a sovereign AI play, meaning AI infrastructure designed and owned within India.

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