Yotta Acquires IndiQus Technologies to Boost India's Sovereign Cloud and AI Capabilities

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On Fri, 15 Nov, 12:02 AM UTC

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Yotta Data Services has acquired IndiQus Technologies, strengthening its position in India's cloud and AI sectors. This move aims to reduce reliance on foreign technologies and accelerate India's digital transformation.

Yotta's Strategic Acquisition of IndiQus Technologies

Yotta Data Services has announced the acquisition of IndiQus Technologies, the parent company of cloud platform provider Apiculus. This strategic move, announced on November 14, aims to strengthen Yotta's sovereign artificial intelligence (AI) and cloud offerings in India while reducing reliance on foreign technologies 12.

Strengthening India's Digital Infrastructure

The acquisition addresses a significant void in the Made-in-India Cloud and AI platform realm, reducing dependence on foreign enterprises to fulfill India's digital transformation needs. Yotta's CEO and co-founder, Sunil Gupta, emphasized that this acquisition is a major leap in shaping India's digital destiny 1.

Enhanced Cloud and AI Capabilities

With the integration of Apiculus, Yotta gains a strengthened cloud and AI services portfolio. This synergy is expected to empower businesses to fast-track their innovation, enhance digital infrastructure, and unleash the potential of transformative technologies 3. The combined entity aims to create a powerhouse one-stop shop for AI and Cloud PaaS services.

Leadership Changes and Future Plans

As part of the acquisition agreement, IndiQus' founders will assume new roles at Yotta:

  1. Sunando Bhattacharya will become Chief Revenue Officer
  2. K B Shiv Kumar will take on the role of Chief Innovation Officer 1

These leadership changes are expected to drive Yotta's ambitions to achieve cloud dominance, AI leadership, and hyperscaler status 3.

Impact on India's Tech Landscape

Darshan Hiranandani, Co-Founder and Chairman of Yotta, stated that this acquisition strengthens their leadership in India's AI and cloud sectors. The move aligns with their goal of driving digital transformation using 'Made in India' solutions designed to serve both India and the world 3.

Yotta's Expanding Portfolio

Yotta's services now include:

  1. Sovereign general compute cloud services
  2. Advanced AI platform services
  3. A marketplace for AI models and applications
  4. High-performance GPUs
  5. AI storage and cutting-edge infiniband networking capabilities 3

These offerings are supported by Yotta's hyper-density data center campuses, designed for AI and high-performance computing workloads.

Broader Implications for India's Tech Sector

This acquisition is part of a larger trend in India's tech sector. Recently, the Telangana government partnered with Yotta Data Services to launch India's largest AI supercomputer, equipped with 25,000 GPUs. This supercomputer aims to support the country's growing AI research and development needs across various sectors 4.

As India pushes ahead with its digital agenda, Yotta's expanded portfolio of AI and cloud services is set to play a key role in shaping the future of India's technology landscape, potentially reducing reliance on foreign cloud players and fostering homegrown innovation.

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