Sarvam AI

Founded in 2023 and based in Karnataka, India, Axonwise Private Limited, doing business as Sarvam AI, operates as an information technology company that develops artificial intelligence-based software as a service to automate business tasks. The company was founded by Vivek Raghavan and Pratyush Kumar. In June 2026, Sarvam AI raised USD 234 million in series B funding co-led by Bessemer Venture Partners and HCL Technologies Ltd. , with participation from Lightspeed Venture Partners, Peak XV Partners, and Khosla Ventures.

The round was part of a larger USD 300 million series B financing. The series B funding values Sarvam AI at USD 1. 5 billion post-money. Sarvam AI specializes in providing advanced language processing solutions designed to break down communication barriers across diverse linguistic landscapes in India.

The company’s primary offerings include an open-source AI platform, where developers can build custom AI models using tools like Shuka v1 and Sarvam-2b; Mayura, a language processing translation tool that enables translation between Indian languages and others; speech-to-text tools (Saaras & Saarika), which convert spoken words in various Indian languages into text; Bulbul, a text-to-speech tool, which creates natural-sounding voices in multiple Indian languages; and generative AI for businesses (Sarvam Agents), which builds AI-powered bots for phone calls, WhatsApp, and in-app interactions, allowing users to engage in natural, voice-driven conversations.