Cognizant Sarvam investment: Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sources

Cognizant Sarvam investment: Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sources



Nasdaq-listed software services company Cognizant Technology Solutions is in talks to participate in Sarvam’s latest financing round, which is expected to value the Indian artificial intelligence startup at $3.5-4 billion – more than double the valuation in its previous round – people aware of the matter said.Sarvam is seeking to raise around $300 million in fresh funds, as ET reported on October 13.“Cognizant may end up acquiring a small stake



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