HCLTech Invests ₹1,427.25 Crore in Sarvam AI, Acquires 10.46% Stake

HCL Technologies has announced a strategic investment of ₹1,427.25 crore in Sarvam AI (Axonwise Private Limited), acquiring a 10.46% equity stake in the Bengaluru-based artificial intelligence startup.

The investment marks one of the largest AI-focused strategic bets by an Indian IT services company and reflects HCLTech's commitment to accelerating the development of India's sovereign AI ecosystem.

Investment Details

Particulars	Details
Investor	HCL Technologies
Company	Sarvam AI (Axonwise Pvt Ltd)
Investment Amount	₹1,427.25 Crore
Stake Acquired	10.46%
Shares Purchased	41,421 Equity Shares
Mode of Payment	100% Cash
Purpose	AI Research & Enterprise Deployment

How the Funds Will Be Used

The fresh capital will support Sarvam AI's efforts to:

• Develop next-generation frontier AI models
• Advance agentic AI capabilities
• Build AI solutions for coding and cybersecurity
• Expand enterprise AI deployments
• Strengthen AI infrastructure for regulated industries

The company is also expected to accelerate adoption across sectors such as banking, insurance, government technology, and defence.

Why This Deal Matters

Sarvam AI is among India's leading sovereign AI companies, developing foundational AI models across:

• Text
• Speech
• Vision
• Documents
• Multilingual AI systems

Unlike many AI startups that rely on overseas foundation models, Sarvam AI focuses on building and training models from scratch in India, aligning with the government's push for AI self-reliance and digital sovereignty.

For HCLTech, the partnership provides access to advanced AI research capabilities while strengthening its enterprise AI offerings for global clients.

Strategic Benefits for HCLTech

The collaboration is expected to help HCLTech:

• Build industry-specific AI language models
• Enhance multilingual AI capabilities
• Deliver secure AI solutions for regulated sectors
• Expand AI-led digital transformation services
• Strengthen its position in the rapidly growing AI market

About Sarvam AI

Founded with a vision to create India's sovereign AI stack, Sarvam AI develops large-scale AI models tailored for Indian languages and enterprise use cases.

The company reported an unaudited turnover of approximately ₹45.10 crore in FY26 and continues to invest heavily in research, model training, and AI infrastructure.

Key Highlights

• HCLTech invests ₹1,427.25 crore in Sarvam AI
• Acquires 10.46% stake through cash investment
• Funds to support next-generation AI model development
• Focus on agentic AI, coding, cybersecurity, and enterprise AI
• Targets banking, insurance, government, and defence sectors
• Strengthens India's sovereign AI ecosystem
• Positions HCLTech for long-term AI-driven growth

Why did HCLTech invest in Sarvam AI?

HCLTech invested in Sarvam AI to strengthen its AI capabilities and support the development of sovereign AI models built in India.

How much stake has HCLTech acquired?

HCLTech has acquired a 10.46% stake in Sarvam AI through an investment of ₹1,427.25 crore.

What does Sarvam AI do?

Sarvam AI develops foundational AI models across text, speech, vision, and documents, focusing on multilingual and enterprise AI solutions.

Which sectors will benefit from the partnership?

Banking, insurance, government technology, defence, cybersecurity, and enterprise AI applications are expected to benefit.

Why is sovereign AI important?

Sovereign AI helps countries build and control their own AI infrastructure, reducing dependence on foreign technology and improving data security.