3 outlets·3 reports·over 1h
Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech
ThinkingNews Desk · how this was written
Sarvam, a Bengaluru-based artificial-intelligence startup, has become India’s newest AI unicorn after securing a $234 million first-close of its Series B funding round. The round was led by HCLTech, which acquired a roughly 10.5% equity stake for about $150 million in cash, valuing the company at $1.5 billion.
Written from all 3 reports below, not from any single one.
How it was reported
- TechCrunch·Sarvam becomes India’s newest AI unicorn with $234 million funding round led by HCLTech
Sarvam is India's newest AI unicorn. HCLTech invested $150 million in the Bengaluru startup. The funding round totaled $234 million.
- The Next Web·Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech
- TechMeme·Indian AI startup Sarvam raised $234M in the first close of a $300M Series B at a $1.5B valuation, with HCLTech acquiring a 10.5% stake for ~$150M in cash (Urvi Dugar/Reuters)
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