StopDownOpen the app

Funding · AI & Deep Tech

Soket AI secures ₹177 Cr from IndiaAI Mission for sovereign AI development

By ·

Date
Company
Soket AI
What it does
Indic language open-source AI stack builder
Kind
Funding
Amount
₹177 Cr
Stage
grant
Founded
2019
Sector
AI & Deep Tech

What they do

Soket AI builds open-source AI tools for Indian languages and the Global South

What happened

The company received ₹177 Cr from the IndiaAI Mission for a sovereign AI model

Why it matters

Funds support Project EKA, a 120 billion parameter model for finance, defence, and law by 2027

The details

  • Soket AI has secured ₹177 Cr in backing under the IndiaAI Mission initiative.
  • The funding breakdown includes ₹162 Cr in compute resources and ₹15 Cr for non-compute support.
  • The company is creating a sovereign open-source AI stack designed for Indic languages.
  • This support enables the development of Project EKA, a massive 120 billion parameter open-source model.
  • Project EKA aims to cover more than 20 languages across the Global South.
  • The model focuses on advanced capabilities including math, coding, structured logic, and reasoning.
  • Target sectors for this technology include banking, finance, cybersecurity, defence, law, and scientific research.
  • Soket AI plans to launch the full model sometime in 2027.

About the business

  • Soket AI develops custom data pipelines for collecting and cleaning data for low-resource languages.
  • The company uses harness engineering to connect raw model intelligence to enterprise applications.
  • Monetisation pathways include offering Foundation Model APIs and providing Enterprise Deployments.
  • All developed models will be open-sourced to the public.
  • The team is actively hiring specialised researchers and engineers alongside the founding team.
  • An intermediate milestone involves launching a 24 billion parameter model by the end of 2026.
  • The company showed an internal prototype for Hindi code generation in February 2026.
  • Commercial rollout will begin with testing the 24 billion parameter model with small enterprise partners.
  • The company is actively looking to raise additional money and has received some commitments.

What happens next

  • Launch a 24 billion parameter model as a proof point by the end of 2026.
  • Test the 24 billion parameter model with a small group of enterprise partners.
  • Scale up to the full 120 billion parameter model by 2027.
  • Continue active fundraising efforts to secure additional capital.

The deal

Type
Grant/Support

Investors

  • IndiaAI Mission (lead) — Government initiative supporting AI development in India.

Founders

  • Abhishek Upperwal, Founder

Read it as a card in the app

Same day

All startup news on 22 July 2026 →