The Indian AI startup Sarvam AI is nearing the completion of a $300 million to $350 million funding round, with a valuation of approximately $1.5 billion to $1.55 billion, expected to be finalized as early as next week. Bessemer Venture Partners is poised to lead the round, with participation from Nvidia, Amazon, and Prosperity7 Ventures. Founded in 2023 by Vivek Raghavan and Pratyush Kumar, Sarvam AI supports 22 Indian languages and aims to compete with companies such as OpenAI and Alphabet Inc.
India’s Sarvam AI nears $350 million funding round at $1.5 billion valuation
AiCoinShare
Summary
India’s AI and crypto news continues to gain momentum as Sarvam AI, an Indian startup, is nearing finalization of a $300–$350 million project funding round. The company is valued at $1.5–$1.55 billion, with Bessemer Venture Partners leading the round. Nvidia, Amazon, and Prosperity7 Ventures are also participating. Founded in 2023 by Vivek Raghavan and Pratyush Kumar, Sarvam AI supports 22 Indian languages and aims to compete with global AI leaders such as OpenAI and Alphabet Inc.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.