Anthropic's $380 Billion Valuation Eclipses Combined Market Cap of Indian IT Firms ($240 Billion)

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Anthropic's $380 Billion Valuation Dwarfs Indian IT Giants' Combined Market Cap

The stark divergence between Anthropic's valuation and that of a cluster of traditional tech stalwarts reflects a broader re-rating underway in the technology sector.

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News18•26-02-2026, 13:57

Anthropic's $380 Billion Valuation Dwarfs Indian IT Giants' Combined Market Cap

•Anthropic's valuation surged to $380 billion after a $30 billion funding round, more than doubling its previous valuation.
•This valuation surpasses the combined $240 billion market capitalization of India's top IT firms like TCS, Infosys, and Wipro.
•The funding round was co-led by D. E. Shaw Ventures, ICONIQ, and MGX, with continued support from Microsoft and Nvidia.
•Anthropic emphasizes developer-friendly AI with Claude Code and new plugins for its Cowork agent, accelerating automation.
•The Nifty IT index declined over 20% as investors reassess growth prospects for traditional IT in an AI-first environment.

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