Sarvam’s Unicorn Leap, Razorpay Files DRHP & More (opens in new tab)

India Welcomes Its 130th Unicorn Sarvam AI has become India’s newest unicorn after raising $234 Mn in its ongoing Series B round led by tech giant HCLTech. Valuing the AI juggernaut at $1.5 Bn, the fundraise signals a bigger shift in how Indian AI is being built, deployed and commercialised. Marquee Names Line Up: The mega round gives the AI giant serious firepower for its next phase. The funds will bankroll research, compute expansion and broader deployment. HCLTech infused $150 Mn to acquir...