HCLTech won a $1.14 billion AI-driven IT contract from Mercedes-Benz, replacing Infosys as the incumbent vendor. The deal, running from July 2026 to December 2031, shifts from headcount-based outsourc…
The combined weight of India's software exporters in the Nifty index fell below 7.6%, a record low, as generative AI tools threaten the traditional outsourcing model worth up to $300 billion. The Nift…
HCLTech experts Piyush Saxena and Mangesh Mulmule outlined a blueprint for enterprises to adopt agentic AI, emphasizing data quality, operational safety, and modular design. The company is collaborati…
Sarvam AI raised $234 million at a $1.5 billion valuation, becoming India's newest unicorn as sovereign AI moves from slogan to necessity after US restrictions on Anthropic models highlighted foreign …
HCLTech acquired a 10.46% stake in Sarvam AI for ₹1,427 crore as the lead strategic investor in the startup's Series B, which has a first close of $234 million toward a planned $300 million round, val…
Sarvam raised $234 million at a $1.5 billion valuation in a Series B extension led by HCLTech, which contributed $150 million as the lead strategic investor. The Bengaluru-based AI startup, which has …
Sarvam AI, a Bengaluru-based startup founded in August 2023, raised $234 million in a funding round led by Bessemer Venture Partners, with HCLTech contributing $150 million, valuing the company at $1.…
Sarvam AI raised $234 million at a $1.5 billion valuation, becoming India's newest AI unicorn. HCLTech led the round with $150 million, joined by Bessemer Venture Partners, Khosla Ventures, and Peak X…
Indian IT stocks have fallen up to 34% year-to-date in 2026, compared to the Nifty50's 9% drop, as enterprises shift spending toward AI infrastructure and away from traditional outsourcing. Analysts r…