Sarvam AI, an AI Startup that leads a transformative research in AI claiming to make development, deployment, and distribution of GenAI apps in India significantly robust, performant, and cheaper has raised $41 million in Series A.
The fund will be deployed to develop new training AI models to support the diverse Indian languages and voice-first interfaces. It will further collaborate with Indian enterprises to co-build domain-specific AI models on their data.
Sarvam AI, Co-founded by Vivek Raghavan and Pratyush Kumar, plans to develop the “full-stack” for Generative AI, which encompass research-led innovations in training custom AI models to enterprise-grade platforms for authoring and deployment.
The firm claims that this full-stack approach will push the adoption of generative AI in India, especially given that enterprises see the potential of the technology but are grappling with how to leverage it for their business.
Hemant Mohapatra, Partner, Lightspeed said “Having backed some of the most influential names in GenAI globally, we are excited by Sarvam AI’s unique approach in combining model innovation and application development to build population-scale solutions for India. Lightspeed will be close partners and contribute with our deep capital stack and learnings from our global platform.”
Sarvam AI set to create population scale impact layering generative AI App
“I have seen first-hand the enormous value in innovating at foundational layers and deploying at population scale. India has demonstrated that it can harness technology differently, and with GenAI we can reimagine how this technology can add value to people’s lives,” said Vivek Raghavan, Co-founder of Sarvam AI.
The AI firm is set to create population-scale impact layering generative AI on top of the successful India stack, specific for public-good applications. Vinod Khosla, a pioneer in Silicon Valley AI investments, including his early support for OpenAI, said, “We see several countries having sovereign efforts to build GenAI models given its strategic importance. We need companies like Sarvam AI to develop deep expertise for building AI in and for India.”
The funding round was led by Lightspeed Venture Partnersand supported by Peak XV Partners and Khosla Ventures.
