Sarvam AI: Bringing Multilingual Accessibility to India’s AI Landscape
The AI world is buzzing with the usual suspects - tech giants and billion-dollar startups competing for global dominance.
But amidst all this hype, there’s a quiet revolution happening in India.
For most AI models out there, English is the name of the game. It’s as if AI forgot that most Indians speak a language other than English at home.
Sarvam AI is the platform you didn’t see coming - by speaking the languages of India, it is making AI really accessible to millions.
Why should language be a barrier when technology can bridge it?
From Hindi to Tamil, Bengali to Marathi, Sarvam is making sure that AI doesn’t just understand English but speaks to all of India.
This isn’t just a cool feature – it’s a revolution.
With Sarvam’s voice bots and language models, businesses can now engage with customers in their preferred language, offering an experience that's as personal as it gets. Whether it's chatting, processing tasks, or customer service calls, Sarvam is doing it all, and doing it right.
And venture capitalists spotted this gem from a very early stage. Sarvam locked in $41 million from big-league investors like Lightspeed, Peak XV, and Khosla Ventures. Why? Because they recognised that building an AI for India’s billion-plus population isn't just a good idea but it’s a no-brainer.
When it comes to a big vision, you need the right players. Vivek Raghavan, the tech wizard who scaled Aadhaar and Pratyush Kumar, brings expertise in AI training. Together, they have created a truly desi digital assistant.
Sarvam isn’t just one tool. It’s a full-fledged AI ecosystem consisting of:
- SarvamAgents: Think of these as your friendly AI customer service agents, but way smarter. They handle calls in multiple languages, making it easier for businesses.
- Sarvam 2B: This versatile model is a free-for-all that does everything from chat to tasks.
- Shuka 1.0: Picture this – Meta’s Llama, but with a heavy dose of Indian language support. Shuka makes sure that local language users don’t get left out.
- A1: For legal work, A1 is like having a lawyer on call 24/7. It drafts documents, extracts crucial data, and keeps track of regulations – like a champ!
It's truly a one-stop shop for businesses to enter the AI space without putting much effort by letting companies build, train, and deploy custom AI models at scale.
By embracing the diversity of languages that make India unique, Sarvam is proving that AI can be as local as it is powerful.
When it comes to Indic languages, Sarvam 2B outperforms some of the biggest names out there (including GPT-4o, Llama 3.1-8B, and Gemma-2-9B on speed and accuracy).
If you think Sarvam's story is impressive, just wait. India’s Generative AI (GenAI) market is projected to grow from $1.1 billion in 2023 to a staggering $17 billion by 2030, at an impressive CAGR of 48%.
With that kind of growth on the horizon, do you think Sarvam can overtake the big guys in the game and in doing so could it become the backbone of India’s AI economy?
Disclaimer: This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
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