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HCLTech

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17:09
2026-06-15
letsdatascience.com
artificial-intelligence

Sarvam raises $234 million to expand AI stack

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 …

11:14
2026-05-26
letsdatascience.com
artificial-intelligence

AI Adoption Pressures Indian IT Sector Earnings

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…

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