Sarvam has raised $234 million in the first close of its Series B round, reaching a $1.5 billion valuation as it accelerates sovereign AI development in India.
Insurtech startup Plum raises $20.6M in Series B led by Peak XV to expand its employee insurance and benefits platform in India.
Metaforms, a Bengaluru-based AI startup, raises $9M in Series A funding led by Peak XV to scale no-code AI tools for automating market research workflows.