15 Jun 2026
HCLTech will buy a 10.46 percent stake in sovereign-AI builder Sarvam AI for 1,427 crore rupees, valuing Sarvam at 1.5 billion dollars.
HCLTech anchors Sarvam's 300 million dollar Series B and gains a route to India-specific language models for its enterprise clients. It is a rare case of a large Indian IT firm taking a direct equity position in a domestic foundation-model startup.