HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 crore
- Posted on June 16, 2026
- By Business News Today
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- 1 min read
HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 crore
HCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strategic partnership aims to bolster HCLTech's enterprise AI capabilities by developing industry-specific language models and leveraging Sarvam AI's multilingual and sovereign AI solutions for global clients.
