Sarvam AI — $300–350M (closing)

Sector: AI / Large Language Models

Founders: Vivek Raghavan, Pratyush Kumar

Founded: 2023

Raising $300–350 million led by Bessemer Venture Partners with Nvidia, Amazon, and Prosperity7 Ventures .

What they do:

Building India-focused large language models and sovereign AI infrastructure.

Key Highlights:

Target valuation: ~$1.5B

Backed by global AI giants

Focus on India-native AI stack

Why it matters:

Could become India:s flagship LLM + sovereign AI platform.

Can India build a global competitor to OpenAI or Anthropic?