5211: HCLTech backs Sarvam AI's unicorn leap; Consumer startups back in VC spotlight; and IT firms rethink AI strategy after Anthropic controversy

In today’s Tech3 from Moneycontrol, a major Moneycontrol scoop gets officially confirmed as Sarvam raises $234 million and enters the unicorn club at a $1.5 billion valuation. We unpack why Anthropic’s recent restrictions have reignited the sovereign AI debate and what it means for India’s AI ambitions. We also look at venture capital’s renewed interest in consumer startups, why IT firms are rethinking AI strategies after the Anthropic episode, and Razorpay’s confidential IPO filing as India’s startup listing pipeline continues to gather momentum.