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.
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.
Company: Sarvam AI
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/