Enterprise Software
HCLTech
India's third-largest IT services company, reporting annualized Advanced AI revenue of $620 million for fiscal year 2026 on total FY26 revenue of $14.7 billion (up 6% year-over-year). HCLTech's Advanced AI business accelerated further into FY2027, growing 62.1% year-over-year in constant currency in the June quarter, and the company also became a new investor — alongside Bessemer Venture Partners — in Bengaluru AI startup Sarvam AI's $234 million Series B first close in June 2026.
Sources
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Evidence
1 source · 58% avg. source confidence
- HCLTech — HCLTech FY26 revenue up 3.9%, led by increasing demand for Advanced AI58% source confidence
Dependency Map
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The Story So Far (last 6 months)
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HCLTech's Timeline
A sourced, dated history of HCLTech's key moments — founding to present.
Jan 2026 · Advanced AI revenue reaches $620M annualized
HCLTech reported annualized Advanced AI revenue of $620 million for FY2026, with total FY26 revenue of $14.7 billion.
Jun 2026 · Invests in Sarvam AI's Series B
HCLTech joined Bessemer Venture Partners as a new investor in Sarvam AI's $234 million Series B first close at a $1.5 billion valuation.