E2E Networks, an AI-focused cloud service provider based in New Delhi, has successfully raised ₹420.51 crore through a strategic investment round. This fundraising effort is part of the company’s plan to scale up its AI-first cloud platform and strengthen its position in India’s fast-growing AI and machine learning sector.
E2E Networks raised ₹420.51 crore by issuing 24,81,592 equity shares at ₹1694.50 each, as approved by the company’s Board of Directors. The investment saw participation from a range of investors, including members of the company’s promoter group and various public investors. This funding marks a significant step for E2E Networks as it aims to further its mission of providing cutting-edge AI cloud solutions.
AI-Focused Cloud Offerings
E2E Networks is known for its advanced cloud services, particularly in AI and machine learning. The company offers powerful cloud GPUs, including the latest models like HGX H100, A100, and L4OS, which support high-performance computing for AI tasks. Additionally, their cloud platform includes high-end configurations such as 64xH100 and 256xH100, ideal for large-scale AI workloads.
Alongside these offerings, E2E Networks has developed the TIR platform, a low-code AI development tool that helps developers create, train, and deploy AI models more efficiently.
Purpose of the Fundraising
The funds raised will be used to accelerate the growth of E2E Networks’ AI-first cloud platform. The company plans to enhance its cloud infrastructure, focusing on next-generation cloud GPUs and clusters that are essential for AI and machine learning operations.
Tarun Dua, Co-Founder and Managing Director of E2E Networks, stated that the investment will help the company provide even more value to its customers while supporting the next wave of AI-driven innovation across India. Dua also highlighted the recent approval from the Ministry of Electronics and Information Technology (MeitY), which positions E2E Networks as a leader in offering secure and compliant cloud solutions for both public and private sectors.
AI Cloud Infrastructure
E2E Networks aims to use the funds to expand its cloud infrastructure, catering to the needs of startups, enterprises, public sector entities, and research institutions. This investment will also allow the company to support scaling in areas like generative AI and machine learning, which are rapidly becoming integral to business operations across industries.
One of the key focuses of the expansion is the further development of the TIR platform, which helps organizations build AI applications more easily and efficiently. The platform’s low-code capabilities make it accessible to developers with varying levels of expertise, making AI technology more widely available.
The ₹420.51 crore raised by E2E Networks is a pivotal moment in the company’s growth journey. With a strong focus on expanding its AI-first cloud infrastructure and continuing to innovate with advanced technologies, E2E Networks is poised to become a leader in India’s AI cloud industry. This investment will not only enhance the company’s capabilities but also support the broader ecosystem of AI development across the country.
