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Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech

TechCrunch AI Jagmeet Singh June 15, 2026
Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech
AI Summary— plain English for professionals

# Indian Startup Sarvam Reaches $1 Billion Valuation An Indian AI company called Sarvam just raised $234 million in funding, making it a "unicorn"—the startup world's term for a company worth $1 billion or more. The biggest investor is HCLTech, a major Indian IT company, which is putting in $150 million of that money. This shows that India is becoming a serious player in the global AI race, not just in outsourced tech work but in building its own AI companies.

Indian IT services company HCLTech is investing $150 million in the Bengaluru startup.

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