Indian AI startup Sarvam AI approaches completion of a funding round of $300 million to $350 million

CoinNetwork · 2026-04-05T05:46:08+00:00

Indian startup Sarvam AI is raising $300 million to $350 million in funding, aiming to compete with industry giants, with a valuation of approximately $1.5 billion to $1.55 billion. The company was founded by two AI researchers in 2023, focusing on voice command models supporting 22 Indian languages.

CoinNetwork

2026-04-05 05:46:08

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On April 5, Bloomberg reported that Indian AI startup Sarvam AI is nearing completion of a round of $300 million to $350 million in funding, aiming to build a homegrown artificial intelligence company to compete with industry leaders.

According to people familiar with the matter, the valuation for this round of funding is about $1.5 billion to $1.55 billion, and it is expected to be completed as early as next week. Bessemer Venture Partners is expected to lead the investment, and Nvidia, Amazon, and Prosperity7 Ventures will also participate. Because the discussions have not been made public, these individuals requested anonymity.

Sarvam AI was founded in 2023 by two AI researchers, Vivek Raghavan and Pratyush Kumar. The company’s model is primarily used through voice commands and supports 22 Indian languages. The company believes this will create a significant competitive advantage in India, which has a population of 1.45 billion, because the vast majority of people cannot read, write, or input in English. Its goal is to challenge companies such as OpenAI and Alphabet Inc.—whose models often perform poorly when handling Indian languages.

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