Tag: Sarvam

IBM India pitches ‘digital swaraj’ with country-specific tools for sovereign AI

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IBM India pitches ‘digital swaraj’ with country-specific tools for sovereign AI

Managing Director of IBM India & South Asia Sandip Patel and IBM Asia Pacific General Manager Hans Dekkers at the IBM Think 2026 summit, in Mumbai | Photo Credit: ANI IBM is developing India-specific tools and application programming interface (API) connectors to integrate its sovereign AI software platform with local systems, as it seeks to…

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Sarvam raises $234 million; HCLTech leads the round; hits $1.5 billion in valuation

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Sarvam raises 4 million; HCLTech leads the round; hits .5 billion in valuation

HCLTech would invest $150M as the lead strategic investor in this round. | Photo Credit: Reuters Sarvam, a sovereign AI firm, on Monday (June 15, 2026) said it has raised $234 million in the first close of its $300 million Series B at a post-money valuation of $1.5 billion. HCLTech and Bessemer Venture Partners invested…

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