E2E Networks Restricted, an AI-focused cloud supplier in India, has introduced the profitable closure of an funding spherical, elevating ₹420.51 crore (roughly $51 million). The funding comes from a various group of traders, together with key members of the promoter group and public traders.
The funds can be used to speed up the expansion of E2E Networks’ AI-First Cloud Platform, enhancing its functionality to assist superior machine studying and AI-driven functions.
The corporate plans to put money into increasing its accelerated cloud infrastructure, specializing in next-generation cloud GPUs and GPU clusters.
Tarun Dua, Co-Founder and Managing Director of E2E Networks stated, “This funding is a major milestone in our journey to turning into the main AI-First Cloud Platform from India. The capital raised will allow us to reinforce our cloud infrastructure, making certain that we proceed to ship unparalleled worth to our clients and assist the following wave of AI-driven innovation in India.”
“Our current empanelment by the Ministry of Electronics and Data Know-how (MeitY) additional solidifies our dedication to offering safe and compliant cloud options tailor-made to the wants of each private and non-private sector.”
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