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HCLTech to lead Sarvam’s $300 million bet; Startup IPO lock-ins hit unlock season; and Cognizant enters race for EQT & Bain-backed Citius Tech | MC Tech3
Episode 5164
Published 15 hours ago
Description
In today’s Tech3 from Moneycontrol, Sarvam AI is close to raising a record $300 million round led by HCLTech, potentially making it India’s largest pure-play AI startup funding deal. Startup IPO lock-ins worth over Rs 2.3 lakh crore enter unlock season, setting up a fresh wave of investor exits. Uber expands its India engineering footprint with large tech hubs in Bengaluru and Hyderabad. And Oracle revokes campus offers at IITs and NITs amid global restructuring, leaving students scrambling for new opportunities.