Funding · AI & Deep Tech
Soket AI secures ₹177 Cr from IndiaAI Mission for sovereign AI development
By Startup Enthusiast ·
- 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
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