Sarvam AI Raises $234M in Unicorn Funding Round

Deal Summary

Bengaluru-based Sarvam AI (Axonwise Pvt. Ltd) raised $234 million in a funding round on Monday, valuing the company at over $1 billion. The round marks the second unicorn funding in India's frontier‑tech sector after Skyroot Aerospace, highlighting growing investor interest in strategic AI services for the public sector.