FundingIndia3 min
Cognizant in talks to back Sarvam AI at a valuation of up to $4 billion
Nasdaq-listed Cognizant is reportedly negotiating a stake in Sarvam AI as part of a roughly $300 million round that could value the Bengaluru company at $3.5 to $4 billion. The deal would make Cognizant the second IT-services major on Sarvam's cap table after HCLTech, which led its Series B in June.
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