👥 HR & Workplace🇮🇳 India
HCLTech Bets $150 Million on Indian AI Startup Sarvam to Win Government Contracts
Mint·Wednesday, 17 June 2026
HCLTech has taken a stake in Sarvam, a specialized Indian AI startup, in a deal worth $150 million. This marks a fourth, distinct strategy for India's IT giants facing the threat of automation — different from what TCS, Infosys, and others have tried so far. The move is aimed at unlocking lucrative state government contracts.
Why It Matters
India's IT sector employs millions. How these giants respond to AI disruption directly affects job security, career paths, and the country's tech economy.
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