STARTUP/TECHNOLOGY
HCLTech To Invest ₹14,257 Cr To Build Odisha AI Data Centre With Sarvam
HCLTech has unveiled plans to establish its first artificial intelligence (AI) data centre at the upcoming Odisha Sovereign AI Park, marking a major step in its entry into India’s fast-emerging sovereign AI infrastructure space. The proposed project, to be developed in partnership with Sarvam and the Government of Odisha, will involve an estimated capital outlay […]
CW Bureau
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Jul 24, 2026
STARTUP/TECHNOLOGY
HCLTech Targets AI Leadership With Sovereign Models, Global Alliances
HCL Technologies Ltd is accelerating its artificial intelligence strategy across service delivery, proprietary platforms, sovereign AI, strategic partnerships and talent development as enterprises increasingly seek secure, AI-driven digital transformation, Chief Executive Officer and Managing Director C Vijayakumar said during the company’s Q1 FY27 earnings call. The company said its AI roadmap is built around five […]
CW Bureau
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Jul 16, 2026
STARTUP/TECHNOLOGY
HCLTech To Invest ₹3,500 Cr In AI DCs, Tap Into Full-Stack AI Market
HCLTech has announced its entry into the full-stack artificial intelligence (AI) market with a strategic investment of up to ₹3,500 crore to establish AI data centres in India, marking a significant expansion of its AI infrastructure and services portfolio. The company said the investment is aimed at addressing the growing demand for AI-led services and […]
CW Bureau
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Jul 13, 2026
STARTUP/TECHNOLOGY
Sarvam Raises $234 Mn In Series B Round, Led By HCLTech Of ₹1,427 Cr
Sarvam AI (Axonwise Pvt Ltd), India’s full-stack sovereign artificial intelligence (AI) company, has raised $234 million in the first close of its $300 million Series B funding round at a post-money valuation of $1.5 billion. The funding round saw participation from HCLTech and Bessemer Venture Partners, with continued backing from existing investors Khosla Ventures and […]
CW Bureau
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Jun 15, 2026
STARTUP/TECHNOLOGY
HCLTech Revenue Rises 3.9% CC In FY26 Led By Demand For Advanced AI
Deal wins at $9.3 billion; FY27 guidance at 1–4% amid uncertain demand HCLTech, a global technology company, reported a 3.9% growth in revenue for FY26 in constant currency (CC), reflecting resilience amid a challenging demand environment. Revenue in dollar terms rose 6% to $14.7 billion, while services revenue grew 4.8%, led by IT and Business […]
CW Bureau
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Apr 22, 2026