India, Aug. 5 -- AI unicorn Sarvam is set to raise another $74 Mn (about Rs.697.8 Cr) in an extension of its ongoing Series B funding round from a clutch of investors, including NVIDIA, Glade Brook, Gaja Capital, Indigo Ventures, among others.

According to MCA filings accessed by Inc42, the Bengaluru-based startup's approved a resolution during an extraordinary general meeting held on July 24 to raise Rs.697.8 Cr from around 13 investors.

Of the total amount, NVIDIA will invest Rs.237.9 Cr in Sarvam, followed by growth equity firm Glade Brook, which will invest Rs.190.3 Cr. Among domestic investors, Gaja Capital will invest Rs.95.1 Cr, while Indigo Ventures will pump in committed Rs.30 Cr. The remaining capital will come from HNIs and f...