Announced Mon, 15 Jun · 17:57 IST
HCLTech invests ₹1,427 cr in Sarvam AI for 10.46% stake
HCLTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹1122.00
prior close
₹1141.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.2+1.0+1.0+3.8+3.4+1.2+0.6-1.2-1.9+1.9+6.0——
Up moveDown movePending
AI summary
HCLTech is investing ₹1,427.25 cr (~$150M) in Sarvam AI for a 10.46% stake as lead strategic investor in its Series B, which values Sarvam at $1.5B. Sarvam is an Indian AI firm with FY26 revenue of ₹45.10 cr. The 100% cash deal closes within 2 weeks and gives HCLTech access to sovereign AI models for its global enterprise clients.
Likely market impact
Strategic AI push; strengthens HCLTech's enterprise AI capabilities and sovereign AI offerings. Minority stake limits immediate earnings impact.