Sarvam AI Raises $85 Million Series C to Scale Sovereign Indian LLM and Voice Stack
Bengaluru-based Sarvam AI has closed an $85 million Series C led by Peak XV Partners with participation from Lightspeed and Khosla Ventures, valuing the company at over $700 million as it scales its multilingual large language model and AI voice agents for India.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $85 M |
| Stage | Series C |
| Valuation | $700 million |
| Lead investor | Peak XV Partners |
| Headquarters | Bengaluru, India |
| Sector | Sarvam Ai |
Bengaluru-based Sarvam AI has raised $85 million in a Series C round led by Peak XV Partners, with participation from Lightspeed Venture Partners and Khosla Ventures, valuing the company at upwards of $700 million post-money.
Round Details
Use of Funds
Sarvam said the capital will fund:
Why It Matters
Sarvam is one of four startups selected under the IndiaAI Mission to build sovereign foundation models. The round positions it as the most well-capitalized Indian-headquartered LLM lab, competing both with US foundation model labs and domestic incumbents building on top of open-source.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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