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Sarvam AI became India's 130th unicorn after raising $234 million in its Series B first close at a $1.5 billion valuation — but the headline number isn't what makes this round remarkable. What matters is who wrote the check. HCLTech infused $150 million for a 10.46% stake, making this an enterprise-led bet, not a traditional VC play. Nvidia, Prosperity7, Bessemer, PeakXV, and Khosla Ventures also joined. Founded in August 2023, the startup plans to close the round at...
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