HCLTech has made a strategic investment in Indian AI startup Sarvam AI, acquiring a 10.5% stake in a deal that values the company at approximately $1.5 billion. The move underscores HCLTech's growing focus on artificial intelligence, particularly in enterprise and sovereign AI applications, as organizations worldwide seek secure, scalable, and localized AI solutions.
Speaking to ET Now, HCLTech CEO and Managing Director C Vijayakumar described the investment as far more than a financial transaction, positioning it as a long-term strategic partnership designed to help enterprises overcome some of the biggest barriers to AI adoption.
