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- Sarvam AI
Sarvam AI Valuation, Funding & Investors
Sarvam AI is valued at $1.5B as of June 2026.
Last Sarvam AI valuation
$1.5B
Series B · Jun 2026
Last Sarvam AI funding round
$234M
Series B · Jun 2026
Cumulative funding Sarvam AI raised
$275M
across 2 funding rounds
Key investors in Sarvam AI
Khosla Ventures
Peak XV Partners
Lightspeed Venture Partners
Bessemer Venture Partners
HCLTech
About Sarvam AI
Sarvam AI is a Bengaluru-based developer of large language models tailored for Indian languages like Hindi, Tamil, and Telugu. The startup builds open-source foundation models for voice synthesis and multimodal applications. Sarvam AI collaborates with IIT Madras on datasets exceeding 100 billion tokens for enterprise deployments.
Founded
2023
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing
Valuation
$1.5B (Jun 2026)
Sarvam AI Valuation
Sarvam AI is currently valued at $1.5B, based on its Series B in June 2026.
The $234M round was led by HCLTech, with participation from Bessemer Venture Partners, Khosla Ventures and Peak XV Partners.
Sarvam AI valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2026 | Series B | $1.5B |
Sarvam AI Funding History
Sarvam AI has raised a total of $275M across 2 funding rounds.
Sarvam AI's first fundraising round was a $41M Series A in December 2023. The most recent completed round was a $234M Series B in June 2026.
Sarvam AI funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Series B | HCLTech (lead); Bessemer Venture Partners; Khosla Ventures; Peak XV Partners | $234M | $1.5B | Sarvam AI raised USD 234 million in the first close of its Series B round on 15 June 2026 at a post-money valuation of USD 1.5 billion, with HCLTech leading the round as a USD 150 million strategic investor and Bessemer Venture Partners joining as a new investor alongside existing backers Khosla Ventures and Peak XV Partners. The company said the broader Series B target is USD 300 million, and the transaction made Sarvam a unicorn; HCLTech’s stake was reported at 10.46% in the startup. The financing supports Sarvam’s push to commercialize its sovereign AI stack and expand its product and model development, following the launch of open-source models earlier in 2026. HCLTech’s investment gives Sarvam a strategic partner with enterprise reach, while the participation of Bessemer and other venture backers signals continued investor confidence in the company’s India-focused AI thesis. Sarvam is a Bengaluru-based full-stack sovereign AI startup founded about three years earlier, focused on building AI systems designed to serve Indian use cases. Prior to this round, the company had raised about USD 41 million across seed and Series A funding, and its valuation had been reported at roughly USD 196 million in 2025 before the Series B uplift. |
| Dec 2023 | Series A | Lightspeed Venture Partners (lead); Khosla Ventures; Peak XV Partners | $41M | - | Sarvam AI, founded in July 2023 by Vivek Raghavan and Pratyush Kumar, emerged from stealth in December 2023 with a $41 million raise across seed and Series A rounds, led by Lightspeed Venture Partners with participation from Peak XV Partners and Khosla Ventures. The Bengaluru-based startup develops full-stack generative AI solutions tailored for India, including large language models supporting Indian languages, voice-first interfaces, and platforms for enterprises to build, deploy, and evaluate custom AI models. A prior seed round of $12 million was completed at an $80 million valuation, followed by the $29 million Series A portion at a higher but undisclosed valuation. The funding, the largest for an Indian AI startup at that stage, aims to accelerate model innovation, application development for population-scale use cases, and co-building domain-specific models with enterprises. Lightspeed partner Hemant Mohapatra highlighted Sarvam's unique integration of model innovation and app development for India-specific solutions, leveraging their global GenAI portfolio. Peak XV's Harshjit Sethi praised the founders' expertise in scaling systems and AI for affordable, large-scale adoption in India. Sarvam positions itself to layer generative AI on India's tech stack for public-good applications, focusing on accessibility via the Sanskrit-derived name meaning 'all.' Co-founder Pratyush Kumar, with roots in AI4Bharat's open-source Indian language models, seeks to position India as an AI innovation hub attracting top talent. Vinod Khosla emphasized sovereign AI efforts, underscoring Sarvam's strategic role in building expertise for India-centric AI. |
Who has invested in Sarvam AI?
5 investors have backed Sarvam AI across its funding rounds, including Khosla Ventures, Peak XV Partners, Lightspeed Venture Partners, Bessemer Venture Partners and HCLTech.
Lead investors include HCLTech and Lightspeed Venture Partners.
Sarvam AI Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Participant | Dec 2023 | ||
| 2 | Participant | Dec 2023 | ||
| 1 | Participant | Jun 2026 | ||
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Start Free TrialAcquisitions by Sarvam AI
Sarvam AI has acquired 1 company to date.
Last acquisition by Sarvam AI was on January 1st 2024. Sarvam AI acquired Samta Law for undisclosed valuation.
Latest Acquisitions by Sarvam AI
| Description | Samta Law builds software platforms for legal professionals to handle large-scale data in litigation and compliance. The tools enable document review, case collaboration, e-discovery searches, and automated redaction across terabytes of files. India-based, it integrates with court filing systems and CRM software used by mid-sized law firms in Asia, streamlining high-volume contract analysis and regulatory audits. |
| HQ Country | |
| HQ City | Bangalore |
| Deal Date | 1 Jan 2024 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Sarvam AI acquisitions and their M&A valuation multiples. Start Free Trial | |
Sarvam AI Competitors
Sarvam AI competitors include listed companies like PCITECH and TRS Information Technology, and private ones like Emergent, Jasper, Meshy AI and Nous Research.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $120M | - | $1.5B | 12.5x | ||
| Private | $75M | - | $1.5B | 20.0x | ||
| Private | $30M | - | $1.5B | 50.0x | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $1.5B | $53M | $1.4B | 0.9x | ||
| Publicly listed | $76M | ($20M) | $1.7B | 19.7x |
Sarvam AI Public Comps
Sarvam AI is still privately-owned, but its public comps include PCITECH, Fractal Analytics, TRS Information Technology, Wenge AI, C3.ai, Appier Group, Rackspace, Rezolve AI, Beijing CTJ Info Tech and Haizhi.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.5B | $53M | 0.8x | 0.9x | 24.1x | - | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $60M | ($20M) | 27.6x | - | (82.7x) | - | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $281M | $44M | 3.4x | 2.9x | 21.6x | 15.7x | |||
| $2.7B | $244M | 1.5x | 1.6x | 17.1x | 15.0x | |||
| $47M | ($109M) | 23.3x | 4.0x | (10.0x) | (19.3x) | |||
This data is available for Pro users. Sign up to see all Sarvam AI competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Sarvam AI
| When was Sarvam AI founded? | Sarvam AI was founded in 2023. |
| Where is Sarvam AI headquartered? | Sarvam AI is headquartered in Bangalore, India. |
| Is Sarvam AI publicly listed? | No, Sarvam AI is a private, VC-backed company. |
| What is Sarvam AI's valuation? | Sarvam AI was last valued at $1.5B in its Series B in June 2026. |
| How much funding has Sarvam AI raised? | Sarvam AI has raised $275M across 2 funding rounds. |
| What was Sarvam AI's last funding round? | Sarvam AI's last funding round was a $234M Series B in June 2026, led by HCLTech. |
| Who are Sarvam AI's investors? | Sarvam AI's investors include Khosla Ventures, Peak XV Partners, Bessemer Venture Partners, Lightspeed Venture Partners and HCLTech. |
| Which companies are comparable to Sarvam AI? | Companies comparable to Sarvam AI include Emergent, Jasper, Meshy AI, Nous Research, PCITECH and TRS Information Technology. |
| How many companies has Sarvam AI acquired? | Sarvam AI has acquired 1 company, including Samta Law. |
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