HCL Tech Invests ₹1,427 Cr for Stake in AI Firm Sarvam AI
HCL Technologies Limited · HCLTECH · NSE ·
**Acquisition:** HCL Tech is acquiring a 10.46% minority stake in Axonwise Private Limited, which operates as Sarvam AI. **Investment:** The transaction is a cash consideration of ₹ 1,427.25 Crores. **Target's Focus:** Sarvam AI is developing India's full-stack Sovereign AI platf…