HCLTECH

About HCLTech

Technology company

Recent News about HCLTech

• HCLTech wins $1.14bn AI workplace deal with European giant

  On July 3, 2026, HCLTech announced a US$1.14 billion multi‑year partnership with a Europe‑headquartered Fortune Global 50 company. The Indian IT firm will build an AI‑driven operating model to transform and manage the client’s global digital workplace and enterprise networks from July 2026 through December 2031.

  Source: Business Standard2026-07-03T05:14:00.000Z

• HCLTech secures $1.14B AI operations deal with Fortune 50 client

  HCLTech has signed a $1.14 billion contract with an undisclosed Europe‑headquartered Fortune Global 50 company to run an AI‑driven operating model for its digital workplace and enterprise networks. The agreement runs from July 2026 through December 2031 and is entirely net new business for HCLTech.

  Source: Moneycontrol2026-07-03T03:24:00.000Z

• Sarvam AI becomes $1.5B unicorn to build sovereign agentic AI

  On June 16, 2026, multiple Indian outlets reported that Bengaluru-based Sarvam AI has closed a $234 million first tranche of its Series B at a $1.5 billion valuation, led by HCLTech with participation from Bessemer Venture Partners, Khosla Ventures and Peak XV. A Moneycontrol interview the same day detailed that Sarvam plans to use the round to scale compute, build larger models, open a San Francisco office and focus on enterprise-grade agentic AI.

  Source: ABP Live2026-06-16T06:34:00.000Z

• Sarvam founders double down on sovereign, agentic AI after $234M raise

  On June 16, 2026, Moneycontrol published an interview with Sarvam AI’s founders following the startup’s recent $234 million Series B round at a $1.5 billion valuation. The founders outlined plans to build larger sovereign Indian language models, expand enterprise offerings, and invest in agentic AI capabilities as Anthropic’s export ban reignites sovereignty debates.([moneycontrol.com](https://www.moneycontrol.com/news/business/startup/sarvam-is-deeply-interested-in-solving-for-agentic-ai-enterprise-business-scaling-rapidly-founders-pratyush-kumar-vivek-raghavan-13950490.html))

  Source: Moneycontrol2026-06-16T03:19:00.000Z