Sarvam AI Raises $41 Million in Funding

by Kay Aloha Villamor in , December 7th, 2023

Sarvam AI, a Chennai, India-based startup commited to building the full-stack for generative AI, has raised $41 million in across Seed and Series A financing rounds.  

SaaS Investors  

Lightspeed led the Series A round, whereas it co-led the Seed with Peak XV Partners. Peak XV and Khosla Ventures also participated in the Series A funding. The funding marks the largest at this stage for an Indian AI startup.  

Sarvam AI Use of Funds  

The funding will be used to develop the company's generative artificial intelligence (Gen AI) models, with a focus on making generative AI relevant to India. Sarvam AI plans to train AI models to support a diverse set of Indian languages and voice-first interfaces, as well as collaborate with Indian enterprises to co-build domain-specific AI models on their data.   

About Sarvam AI  

Founded by Raghavan and Pratyush Kumar, Sarvam AI is an AI/ML research and development company building large language models that support Indian languages and creating a platform that will allow businesses to build with LLMs. It is also focusing on building LLMs that use voice as the default interface in India. The company is on a mission to lead transformative research in AI that will make the development, deployment, and distribution of GenAI apps in India significantly robust, performant, and cheaper. 

Funding Details   

Company: Sarvam AI  

Raised: $41.0M      

Round: Seed and Series A  

Funding Month: December 2023       

Lead Investors: Series A: Lightspeed Seed: Lightspeed and Peak XV Partners  

Additional Investors: Khosla Ventures  

Company Website: https://www.sarvam.ai/  

Source: https://techcrunch.com/2023/12/06/indias-sarvam-ai-raises-41-million-from-lightspeed-khosla-peak-xv/  

   

  

 

 


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