HCL Tech invests $150M in Sarvam AI for 10.46% stake

HCL Technologies announced Strategic equity investment with Sarvam AI on June 16, 2026.

Primary

HCL Technologies

Counterparty

Sarvam AI

Amount

$150M

Structure

Strategic equity investment

Date

June 16, 2026

Sub-sector

Insurtech

HCL Tech gains access to sovereign AI and language models for enterprise clients; Sarvam expands reach via HCL's global relationships and industry expertise.

Primary company

HCL Technologies

Counterparty

Sarvam AI

Amount

$150M

Event date

June 16, 2026

Sub-sector

Insurtech

HQ

Not disclosed

Structure

Strategic equity investment

Source published

June 16, 2026

Publisher

Business Today

Source: businesstoday.in