NSE:HCLTECH management interview: HCLTech's Big Bet On Sarvam 2.0: What It Means For India, Details Of The Deal & More
NDTV Profit, 2026-06-16. Video: https://www.youtube.com/watch?v=ibkXCfv9DZE
- Strategic investment: Sarvam AI achieved unicorn status at a $1.5 billion valuation in a roughly $230 million fundraise, which included a $150 million strategic investment from HCLTech for a 10.5% stake.
- HCLTech AI revenue: Sovereign AI and private small language models represent HCLTech's sixth growth vector, with the company aiming to expand its advanced AI revenue—currently over $600 million annualized—at about 30% year-on-year.
- Compute and R&D: Sarvam AI is operating the first live NVIDIA Blackwell GPU cluster in India, utilizing the capital to expand compute capacity and build larger models for coding and cybersecurity.
- Product launch pipeline: Sarvam AI currently handles over 2 million voice calls and 10 million API calls daily, with plans to launch a SaaS voice stack and an India-hosted agentic stack next month.