Bengaluru-based Sarvam AI raises $41 million in series A funding led by Lightspeed, with participation from Peak XV Partners and Khosla Ventures. The funding highlights the strong investor interest in AI startups in India. Sarvam AI focuses on generative AI and is developing a full stack for training custom AI models and deploying them. The company plans to collaborate with Indian enterprises to build domain-specific AI models and aims to create population-scale impact for public-good applications. The startup will prioritize catering to India's unique needs, including supporting local languages and voice-first interfaces.