Tech Company Financing Transactions
Sarvam AI Funding Round
Lightspeed Venture Partners, Peak XV Partners and Khosla Ventures joined a $41 million Series A funding round for Sarvam AI. This venture round was announced on 12/7/2023.
Transaction Overview
Company Name
Announced On
12/7/2023
Transaction Type
Venture Equity
Amount
$41,000,000
Round
Series A
Investors
Proceeds Purpose
to build a suite of full-stack generative AI offerings in the world's most populous nation.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Bengaluru, 560067
India
Bengaluru, 560067
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of AI models and platforms intended to offer efficient large language models. The company's platform features robust models specifically designed for India's diverse linguistic landscape, a user-friendly interface for developing and evaluating generative AI apps, and a commitment to open-source collaboration, enabling businesses to harness the power of modern AI technology for a competitive edge.
Management Team
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