17/06/2026
🚀 A proud milestone for the NSRCEL ecosystem!
Sarvam AI, a from Cohort 5 of the Incubation Program for Mobility Startups, an initiative by Maruti Suzuki with NSRCEL, has joined the Unicorn Club!
Building India’s sovereign AI stack through foundational models, compute, and AI deployments, Sarvam AI has announced the first close of its Series B round, raising $234M at a $1.5B valuation. The round brings together leading investors including HCLTech, Bessemer Venture Partners India, Khosla Ventures, and Peak XV Partners
Congratulations to the Sarvam AI team on this incredible milestone. We are proud to have been part of their journey and look forward to seeing their continued impact in shaping India’s AI future.