India’s Sarvam AI Eyes $350 Mn Round Backed by Nvidia, Amazon
Sarvam AI, an Indian AI startup, is in talks to raise $320-350 million at a $1.5 billion valuation, backed by investors including Nvidia, Amazon, and HCLTech. The funding round reflects growing global interest in India's AI ecosystem.
Sarvam AI, a Bengaluru-based AI startup, is set to raise $320-350 million at a valuation of around $1.5 billion. The funding round is expected to be led by strategic investors Nvidia, Amazon, and HCLTech, who will invest around $150-200 million. Glade Brook Capital is also in talks to invest $20-25 million. The startup, founded in 2023, focuses on building India-first large language models and AI infrastructure for local languages and enterprise use cases. Existing investors, including Peak XV Partners and Lightspeed Venture Partners, are also expected to participate. The deal highlights the growing interest in India's AI ecosystem and the increasing capital inflows into AI startups globally.
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