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Sarvam AI Funding Rounds & Valuation History (2023–2026)

Private Valuation & Funding Round Tracker · Sarvam AI

Sarvam AI funding rounds & valuation history

Sarvam AI, the Bengaluru “full-stack sovereign AI” company building large language and voice models for Indian languages. Funding from the Seed + Series A (Dec 2023) to the Series B (final tranche), sourced to Moneycontrol, Entrackr, Sarvam, HCLTech and TechCrunch.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
$1.5B
$74M Series B (final tranche)
Raised in rounds listed
$349M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$234M
Series B (first close)
Closed rounds listed
3
Dec 2023 to Aug 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
Sarvam AI funding rounds, Dec 2023 to Aug 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series B (final tranche)Shares allotted to NVIDIA, Activate, Glade Brook Capital and Gaja Capital per Registrar of Companies filings (Moneycontrol). Same $1.5B round valuation as the first close, so no step-up.
$74M
NVIDIA
$1.5BRound valuation reported by Moneycontrol from RoC filings
—Not disclosedNo run-rate stated in the announcement
Moneycontrol, 5 Aug 2026Also: Entrackr, 3 Aug 2026
Closed round
Series B (first close)HCLTech took a 10.5% stake (Reuters). Lightspeed, Peak XV and Khosla Ventures returned.
$234M
HCLTechWith: Bessemer Venture Partners
$1.5BPost-money, stated by Sarvam
—Not disclosedNo run-rate stated in the announcement
Sarvam, 15 Jun 2026Also: HCLTech, 15 Jun 2026
Closed round
Seed + Series ASeed and Series A announced together; Khosla Ventures also took part.
$41M
LightspeedWith: Peak XV Partners
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
TechCrunch, 6 Dec 2023
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuation at each closed round: both Series B tranches were at the same $1.5B round valuation; earlier valuations were not disclosed.

Sources: Moneycontrol, Entrackr, Sarvam, HCLTech. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 6 Dec 2023 · Closed

    Seed + Series A: $41M led by Lightspeed.

  2. 15 Jun 2026 · Closed

    Series B (first close): $234M at $1.5B led by HCLTech.

  3. 5 Aug 2026 · Closed

    Series B (final tranche): $74M at $1.5B led by NVIDIA.

Still private: Sarvam AI has not filed for an IPO and has not been acquired. HCLTech (listed in India) holds a 10.5% minority stake.

Cite this dataset

Free to quote with a link back. Copy this citation:

Sarvam AI Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/sarvam-ai/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
sarvam-ai-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/sarvam-ai-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Government compute allocations under the IndiaAI Mission, grants, and the IndiGo Ventures investment (part of the Series B, amount not itemised).

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. Moneycontrol: Sarvam secures $74 million in fresh funding from Nvidia, Activate, others, 5 Aug 2026
  2. Entrackr: Exclusive: Sarvam AI board to approve $74 Mn funding from NVIDIA, Glade Brook, others, 3 Aug 2026
  3. Sarvam: Sarvam raises $300M Series B (first close of $234 million), 15 Jun 2026
  4. HCLTech: Sarvam raises $234 million in first close of $300 million Series B at $1.5 billion valuation, 15 Jun 2026
  5. TechCrunch: Five-month-old Indian AI startup Sarvam scores $41M funding, 6 Dec 2023