HCLTech invests ₹1,427.25 crore for 10.46% stake in Sarvam AI on June 15, 2026
HCL Technologies · IT - Software
Key highlights
- HCLTech acquires 41,421 equity shares in Sarvam AI, a sovereign AI company, for ₹1,427.25 crore (10.46% stake)
- Sarvam AI raised $234 million in Series B led by HCLTech at $1.5 billion valuation, focusing on AI models and infrastructure
- Sarvam supports sectors like banking, insurance, gov tech, defence; processes 10M API calls daily and serves 1.4B citizens
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from HCL Technologies
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- Capex / expansionNotableHCLTech announces AI Data Center in Bhubaneswar with Sarvam and Odisha govt
- Acquisition / mergerNotableHCL Technologies reports Q1 FY 2026-27 unaudited financial results, declares interim dividend
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Potential multibaggers · Q2 FY27
Potential multibaggers in IT - Software
on management's own guidance
- Strong growth2
- Strong growth1
- Fractal AnalyticsGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.