Total amount raised
₹3.4 Billions
Latest funding date
12/01/2023
Location
Sarvam AI has secured a landmark $41 million in Series A funding, marking a significant milestone in its journey to build full-stack generative AI tailored for India's unique needs. The company offers a range of AI solutions, including conversational agents, enterprise search and reasoning capabilities, and a comprehensive API suite.
Keep reading to explore the intricacies of Sarvam AI's fundraising journey and the innovative platforms and tools they are developing to revolutionize AI in India.
What Is Sarvam AI?
Sarvam AI, based in Bengaluru, India, is a pioneering company in the field of generative AI and language models. The company has been selected by the Government of India to develop the country's sovereign Large Language Model (LLM).
Specializing in AI solutions tailored for India's diverse linguistic needs, Sarvam AI offers a range of products including APIs for translation, parsing, ASR, and TTS. The company is committed to making AI accessible and useful across various modalities like voice and WhatsApp.
How Much Funding Has Sarvam AI Raised?
- Seed Round
- Amount Raised: -
- Date: December 2023
- Lead Investors: Lightspeed Venture Partners, Peak XV Partners
- Series A
- Amount Raised: ₹3.4B
- Date: December 2023
- Lead Investors: Lightspeed Venture Partners
Sarvam AI has raised a total of ₹3.4B in funding.
Key Investors
- Lightspeed Venture Partners
- Details: Lightspeed Venture Partners is a global venture capital firm that focuses on early-stage investments. They have a strong presence in the technology and consumer sectors.
- Investment Focus Areas: Technology, Consumer, Enterprise
- Notable Investments: Snapchat, Affirm, Grubhub
- Peak XV Partners
- Details: Peak XV Partners, formerly known as Sequoia Capital India, is a leading venture capital firm in India. They invest in companies across various stages, from seed to growth.
- Investment Focus Areas: Technology, Healthcare, Consumer
- Notable Investments: Byju's, Zomato, OYO Rooms
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