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#sarvam

2 articles found

· · Inc42

Centre Eyes 1-2% Stake in Sarvam Following $300 Mn Funding

The central government may end up acquiring a 1-2% stake in AI unicorn Sarvam once its $300 Mn funding round…

#sarvam#ai investment#india tech#government partnership#ai market growth

· · ET Tech

India's AI Push: Government Stake in Sarvam Signals Shift

The central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding round. This rare instance of equity holding arises from non-cash support provided under the IndiaAI Mission, where the government offered compute infrastructure in

#indiaai#sarvam#ai startups#government funding#tech ecosystem