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Ushodaya Enterprises announces strategic investment in FlexiCloud Internet
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Monday, 29 April, 2024, 08 : 00 AM [IST]
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Our Bureau, Mumbai
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Ushodaya Enterprises Private Limited, a food production company based out of Hyderabad and a prestigious arm of the Ramoji Group, has announced a strategic investment in FlexiCloud Internet Private Limited, a leading provider of managed cloud hosting solutions based in Kochi. This move marks its tactical expansion into Kerala.
The company excels in delivering advanced managed cloud hosting solutions that focus on high performance, robust security, and exceptional customer support. It is committed to demystifying complex technology challenges for its clients, ensuring seamless and efficient digital operations. It merges various cloud services under one roof, offering tailored server options, strategic deployment locations, and extensive application management.
Anooja Bashir, CEO of FlexiCloud, said, “Our platform is crafted to meet the essential needs of startups and SMEs, providing them with reliable, secure, and scalable cloud solutions.”
Karthik Vidyasagar, chief investment adviser at Ushodaya Enterprises, said, “We are thrilled to mark our entry into Kerala with this strategic investment. FlexiCloud's dedication to innovation and customer-centric solutions perfectly aligns with our values. We look forward to significant enhancements in our service capabilities through this partnership.”
With this investment, the company plans to expand its Platform as a Service (PaaS) offerings in the cloud hosting sector, focusing particularly on incorporating artificial intelligence and machine learning technologies.
Binu Mathew, CFO of FlexiCloud, said, “This investment will greatly strengthen our technological resources, enabling us to offer cutting-edge solutions that are both innovative and scalable.”
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