HCL Technologies Limited — JV/Acquisition, 15-06-2026: Acquisition

HCLTech has made a strategic minority investment of INR 1,427.25 Cr in Axonwise Private Limited (Sarvam AI), an Indian full-stack sovereign AI company, acquiring a 10.46% stake. This investment fuels Sarvam's cutting-edge AI research in agentic AI, coding, and cybersecurity. For HCLTech, it provides access to advanced AI models and multilingual capabilities, enabling them to develop industry-specific AI solutions for global clients. This move strengthens HCLTech's AI platform, accelerates localized, secure AI deployments, and reinforces its commitment to building a robust AI ecosystem for India and beyond.