Sarvam AI: Building sovereign AI for India
Bessemer Venture Partners invests in Sarvam’s $300M Series B, backing a full-stack AI platform accessible and indigenous to India.
Vishal Gupta, Pankaj Mitra & Vatsalya Tandon
Published on Jun 15, 2026
Every major economy today faces a key question: whose AI will power national infrastructure? For India, the answer has implications for strategic long-term autonomy. With the shifting geopolitical landscape, applications critical to national security and economic well-being, defense systems, national intelligence, citizen-scale voice services, and regulated financial and healthcare infrastructure, need control of their own destiny. India’s “atmanirbhar” (self-reliance) policy framework, and the India AI Mission’s goal to create a national AI ecosystem, are propelling a generation of entrepreneurs building sovereign AI for India.
Developing sovereign AI for India means serving 1.4 billion citizens, mission-critical sectors, and enterprises and MSMEs forming the lifeblood of the world’s fastest-growing major economy. It’s AI that must be voice-first (connecting hundreds of languages and thousands of local Indic dialects) and should democratize thousands of agentic and reasoning use cases spanning customer-facing and back-office workflows across organizations. Above all, it needs to be built, trained, and deployed in India to be genuinely world-class. Building this kind of stack requires a rare combination of top-tier research talent, deep institutional relationships, and the engineering discipline to build indigenous technology that scales at indigenous price points.
Enter Sarvam: India’s full-stack sovereign AI platform
Sarvam AI was founded in 2023 by Dr. Pratyush Kumar and Dr. Vivek Raghavan, two of the most accomplished digital infrastructure builders in India. Pratyush co-founded AI4Bharat at IIT Madras, the country’s foremost open-source Indic language AI initiative. Vivek spent more than a decade as Chief Biometric Architect at UIDAI, where he helped design Aadhaar, the world’s largest biometric identity system, and was a key architect of UPI, India’s dominant payments rail.
Sarvam has built a full-stack sovereign AI platform: from foundational models trained from scratch in India, to commercially deployed applications already handling billions of enterprise interactions. Sarvam’s flagship mixture-of-expert models, Sarvam 30B and Sarvam 105B, are competitive with global open and closed source models across a range of knowledge, reasoning, and agentic benchmarks. Sarvam’s Bulbul text-to-speech and Saaras speech-to-text models are state-of-the-art in Indic voice use cases. Platforms ranging from Samvaad to Arya power the full spectrum of conversational and agentic workflows. There has been a significant acceleration of Sarvam’s solutions in the past few months, both for the government and enterprises in banking, financial services, insurance and healthcare. Sarvam’s AI stack opens up sovereign use cases for enterprises, empowering them to leverage their private data, fine-tune models, and develop custom agents catering to their bespoke requirements.
At Bessemer, we believe that this is India’s AI moment, and Sarvam’s sovereign AI stack will be a foundational driver. This is why we’re proud to invest in Sarvam’s Series B and partner with Pratyush, Vivek, and the entire Sarvam team for the journey ahead.
Contributors

Vishal Gupta
Partner
Vishal Gupta is a partner based in Bessemer's Bangalore office where he primarily focuses on investments in consumer internet, financial technology, and healthcare technology.
He has led investments and served on boards of companies including Bharat Matrimony (NSE: MATRIMONY), bigbasket, Good Glamm Group, Home First (NSE: HOMEFIRST), Indian Energy Exchange (NSE: IEX), Innoviti, Lentra.ai, LivSpace, MediAssist, MediBuddy, Nephroplus, Perfios, Pharmeasy, Swiggy, TaxiForSure (acquired by Ola), Urban Company, and more. Vishal is passionate about partnering with founders and their companies through the ups and downs of building great businesses. He looks forward to being one of the first investors founders call when they are in need of advice.
Vishal joined Bessemer in 2006 and has supported the company’s investments in Shriram City (NSE: SHRIRAMCIT), Motilal Oswal (NSE: MOTILALOFS), Orient Green Power (IPO), and Shriram EPC (IPO). Prior to joining Bessemer, Vishal worked in the treasury department at the Reliance Group.
Vishal holds an MBA from the Indian Institute of Management in Calcutta. He is a chartered accountant and has a BA in commerce from GS College. He is also a member of Mensa and has been a nationally-ranked table tennis player.

Pankaj Mitra
Partner
Pankaj Mitra is a partner in Bessemer’s Bangalore office. He is primarily focused on investments in enterprise tech, AI, and cybersecurity.
With more than 25 years of experience, Mitra joined Bessemer after serving on Cisco’s corporate development team, where he led investments and M&A activity for the global customer experiences portfolio and for India over seven years. His investments at Cisco included Fiddler (AI observability), Uniphore (contact center AI) and Whatfix (digital adoption). Previously, he worked at Infosys in a similar role and was part of the founding team for its $500 million innovation fund, investing in companies such as Ideaforge (NSE: IDEAFORGE) and Whoop.
Earlier in his career, Mitra helped launch VMware’s first cloud services as a product manager and was a management consultant at Deloitte.
Mitra holds a degree from the Indian Institute of Technology, Kharagpur, and an MBA from the Haas School of Business at the University of California, Berkeley.

Vatsalya Tandon
Investor
Vatsalya Tandon is an investor based in Bessemer's India office and focuses on AI and deep tech in India, including space, defence, manufacturing and more.
Previously, Vatsalya worked at McKinsey where he spent most of his time in Telecom, Media and Telecommunications (TMT), and was a core member of McKinsey India's consumer-tech practice.
Vatsalya graduated from IIT Kanpur with a degree in chemical engineering. He established the college consulting group which focused on using AI for social good projects across a variety of organisations. Outside of work, he spends time reading articles and Substacks, watching football, and competing in tech quizzes.



