Nvidia, Accel, HCLTech Eye $250M Investment in Sarvam AI at $1.5B Valuation
MMoneycontrol•24-03-2026, 17:41
Nvidia, Accel, HCLTech Eye $250M Investment in Sarvam AI at $1.5B Valuation
- •Indian AI startup Sarvam is in talks to raise $200-250 million from Nvidia, Accel, and HCLTech, valuing the company at $1.5 billion.
- •The potential investment marks a significant 7x valuation increase for Sarvam in just two years.
- •Strategic investors like Nvidia (due to chip usage) and HCLTech (for AI capabilities) are key, with Accel offering market access outside India.
- •This could be the largest private market funding round for an Indian startup this year and the biggest for a pure-play Indian AI startup.
- •Sarvam recently launched two large language models (LLMs) trained in India, outperforming global competitors like Gemini Flash in benchmarks.