Bengaluru startup Sarvam AI is reportedly in advanced talks to raise $300–$350 million, valuing it around $1.5–$1.55 billion, with Bessemer likely leading and major global investors expected to join. The funding push aligns with IndiaAI Mission efforts toward sovereign, localized AI, where Sarvam has showcased India-trained language models and voice-first systems supporting 22 languages, plus agentic tools for enterprise tasks.
Cleartrip, part of the Flipkart group, has appointed Pallavi Saxena as its Chief Marketing and Revenue Officer. She will lead marketing strategy, growth planning, and insights, aiming to tightly connect brand building, customer engagement, and commercial performance. Coming from a decade at Flipkart—most recently leading marketing, revenue and customer growth for lifestyle—Saxena is set to strengthen Cleartrip’s travel brand and scalability.
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BigBasket, part of Tata Group, has appointed Arpit Jaiswal as Chief Growth Officer to lead growth that is both sustainable and profitable. He will drive product development, user acquisition and retention, and market expansion, working with cross-functional teams to boost customer engagement and monetization efficiency. Jaiswal previously led growth and product initiatives at Google Pay, including AI-led user acquisition and unit economics.
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