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HCL Technologies invests Rs 1,427 crore in Sarvam AI
Jun-16-2026

HCL Technologies has invested Rs 1,427.25 crore in Axonwise (Sarvam AI), India's full-stack sovereign AI company. The investment is aimed at acquisition of 41,421 equity shares, representing 10.46% stake in Sarvam AI. Through this investment, the company will fund Sarvam's continued research and development for training its next-generation frontier models for agentic AI, coding, and cybersecurity use cases, as well as access to compute at scale to expand its deployment across key industry verticals. The company brings its deep enterprise transformation expertise and global client relationships to accelerate Sarvam's vision of building a powerful, end-to-end sovereign AI ecosystem for India and beyond.

The investment will enable the company to develop industry and client specific language models and AI solutions for its global client base, delivering compelling price-to-performance outcomes and enabling differentiated enterprise AI solutions across industries. Further, the company can leverage and expand Sarvam's multilingual AI capabilities in India and beyond India for both sovereign AI initiatives and enterprise deployments across global markets. The acquisition will also help the company to accelerate the development and adoption of sovereign AI solutions for governments, regulated industries, and enterprises seeking localized, secure, and compliant AI deployments. The transaction is expected to be completed in within 2 weeks of signing.

HCL Technologies is primarily engaged in providing a range of IT and business services, engineering and R&D services and modernized software products and IP-led offerings.

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