Gen AI startup Sarvam AI raises $41 million in funding from Lightspeed, Peak XV and Khosla Ventures

Sarvam AI, a Chennai-headquartered startup founded in July and developing its own generative artificial intelligence (Gen AI) models, on Thursday said it has raised $41 million in a Series A round of funding.

This first round of funding was led by Lightspeed Venture Partners. The other investors are Peak XV, formerly Sequoia India and Southeast Asia, and Khosla Ventures, one of OpenAI’s early investors, as per a statement from Sarvam AI.