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HCLTech to lead $300 million funding for Sarvam AI

HCLTech is leading a $300 million funding round for Sarvam AI, aiming for a $1.5 billion valuation. HCLTech's investment of $150 million reflects its strategy to adapt to the AI shift in India's tech sector.

pre-market1 source ↓written by the desknot a recommendation

funding round
$300 million
plans to invest
$150 million

HCLTech is set to lead a $300 million funding round for Bengaluru-based Sarvam AI, with an expected valuation of $1.5 billion. HCLTech plans to invest $150 million, while Bessemer Venture Partners and others will contribute the rest. This deal highlights HCLTech's strategy to adapt amid the evolving AI landscape.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 30 Jun 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HCLTECH closed −2.8% on the day of the news, from ₹1,102.40 to ₹1,071.80; Nifty −0.3% over the same session; futures OI −1.5%.

Bulletin at 07:10 IST on 30 Jun 2026. Every change is measured from ₹1,102.40, the last close before it, on 29 Jun. Nifty 50 is measured over the same sessions.

  • HCLTECH close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HCLTECH closes around the bulletin against the close before the news, with Nifty 50 rebased to it975.4011021229axis spans 26%before the news · 29 Jun1102Nifty 50HCLTECHbulletinD0+1+3+522 Jun3 Jul14 JulFutures open interest, lotspeak 1.2 LReference close ₹1,102.40. 16 sessions from 22 Jun to 14 Jul; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before29 Jun₹1,102.40basebase
On the day30 Jun₹1,071.80▼ −2.8%▼ −0.3%−2.4 pp difference
+1 session1 Jul₹1,034.20▼ −6.2%▲ +0.3%−6.4 pp difference
+3 sessions3 Jul₹1,139.00▲ +3.3%▲ +1.4%+2.0 pp difference
+5 sessions7 Jul₹1,168.20▲ +6.0%▲ +1.9%+4.1 pp difference
Gap at the open, % · ₹
0.0%+0.11 on 30 Jun
Day's range, % · ₹
3.4%≈ 37 high to low
Volume on the day
0.95×the 20-session average
Futures OI on the day
▼ −1.5%−1,700 lots · long unwinding · price −2.8%
Futures OI open, lots
1.1 L30 Jun · 30 Jun expiry
Futures premium, ₹
0.000.0% to spot
Puts per call, by OI
0.53from 0.64 the session before
Max pain
1,150from 1,150 the session before

Source NSE UDiFF bhavcopy · HCLTECH on the desk →

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