HCLTech

Company HCLTECH

Last mentioned: Mar 24, 2026

Timeline

  1. Unicorn Round Talks

    Reports emerge of $250M round at $1.5B valuation with Nvidia and Accel.

  2. Funding Talks

    Reports emerge of a $250M round led by Nvidia, Accel, and HCLTech at a $1.5B valuation.

  3. Nvidia Coalition

    Sarvam joins Nvidia's newly formed open AI coalition.

  4. Sarvam 105B Launch

    Announced a competitive 105-billion parameter open-source Indian LLM.

  5. Model Launch

    Sarvam 105B, the first competitive Indian open-source LLM, is released.

  6. Government Partnership

    Maharashtra government signs MoU with Sarvam AI to boost the state's IT sector.

  7. Series A Funding

    Raised $41 million led by Lightspeed Venture Partners.

  8. Company Founded

    Sarvam AI founded by Vivek Raghavan and Pratyush Kumar.

Stories mentioning HCLTech 7

funding Bullish

Nvidia, Accel, and HCLTech Eye $250M Stake in India's Sarvam AI

Indian AI startup Sarvam is reportedly in talks to raise $250 million in a funding round led by Nvidia, Accel, and HCLTech, valuing the company at $1.5 billion. The deal underscores the growing strategic importance of sovereign AI models tailored for the Indian market and the global race to dominate regional language processing.

2 sources
funding Bullish

Nvidia and HCLTech Lead $250M Strategic Bet on India's Sarvam AI

Indian AI startup Sarvam is in advanced talks to secure $250 million in a new funding round led by Nvidia, Accel, and HCLTech. The deal, which values the company at $1.5 billion, signals a major acceleration in the development of sovereign AI and localized large language models for the Indian market.

2 sources
funding Bullish

Nvidia and Accel Lead $250M Push for India's Sarvam AI at $1.5B Valuation

Indian AI startup Sarvam is in advanced talks to raise $250 million from a high-profile consortium including Nvidia, Accel, and HCLTech. The deal is set to value the company at $1.5 billion, marking a significant milestone for India's sovereign AI ambitions and the development of regional large language models.

2 sources
product-launch Bullish

HCLTech to Lead AI-Native Telecom Transformation at MWC 2026

HCLTech is set to spearhead industry-wide dialogues at MWC 2026 focused on transitioning telecommunications toward an AI-native future. The global technology firm will showcase integrated AI solutions designed to optimize network performance, reduce operational costs, and redefine connectivity standards for the 6G era.

2 sources
leadership Bullish

Indian IT Leaders Hold Firm Against Agentic AI Storm: A Strategic Pivot

Top executives from TCS, Salesforce, and Infosys are countering narratives of AI-driven obsolescence by emphasizing the enduring need for complex system integration and human-led governance. As agentic AI transforms software development, the industry is shifting its focus toward validation, cybersecurity, and workflow-centric SaaS models.

2 sources