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The Economic Times
The Economic Times
Nikhil Patwardhan and Pranav Mukul

ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofounders

Following Sarvam's $234 million fundraise , cofounders Pratyush Kumar and Vivek Raghavan stressed the critical role of capital in building artificial intelligence (AI) capabilities. In an interview with ET, Kumar said AI is “absolutely a capital game” that helps attract top talent, while Raghavan noted that although the round is significant in the Indian context, it remains modest compared with the funding available to global AI players.

Looking ahead, Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ventures, and Lightspeed among its backers — expects to be in a “constant cycle of building bigger models, raising more capital, and scaling up.” The company is also looking to set up an office in San Francisco to be able to hire from Silicon Valley.

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