Sarvam raises $75 million; Ather trims losses in Q1

AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.

Also in the letter:

■ MDR levy on the cards

■ Govt’s rare earth push

■ Shopping meets streaming

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^{Sarvam to raise $75 million from Nvidia, Glade Brook, others as part of ongoing funding round}