Data, AI, & Machine Learning
India May Take Minority Stake In Sarvam AI
The government may get a 1% to 2% holding in the Bengaluru startup through support extended under the IndiaAI Mission.
The government may get a 1% to 2% holding in the Bengaluru startup through support extended under the IndiaAI Mission.
The round values Sarvam at $1.5 billion and comes as India pushes to build homegrown AI models and infrastructure.
Bessemer Venture Partners is expected to lead the round, with Nvidia, Amazon and Prosperity7 Ventures also set to participate, Bloomberg reported.