June 15 : India's HCLTech said on Monday it will acquire a 10.5 per cent stake in domestic generative AI startup Sarvam AI for 14.27 billion rupees ($150.7 million) in cash, leading the firm's Series B round as a strategic investor. Sarvam was valued at $1.5 billion in the round, which raised $234 million in its first close out of a targeted $300 million, the startup said. • HCLTech said it will acquire 41,421 equity shares in the startup and fund its research and development aimed at training