Indian AI startup Sarvam AI is nearing completion of a $300–350 million fundraise, with a valuation of $1.5 billion

Gate News message: On April 5, according to people familiar with the matter, Indian AI startup Sarvam AI is nearing completion of a new round of financing. The funding amount is $300 million to $350 million, and the valuation for this round is approximately $1.5 billion to $1.55 billion. The round is expected to be completed as early as next week, with Bessemer Venture Partners expected to lead the investment. Nvidia, Amazon, and Prosperity7 Ventures are also expected to participate. Because the discussions have not been made public, the sources requested anonymity.

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