E2E Networks raises Rs 420.51 crores investment to accelerate growth of its Cloud Platform

The AI-focused cloud provider, E2E Networks announced the successful closure of a strategic investment round. The company has bagged Rs 420.51 crores through a preferential issue of equity shares. This significant capital infusion underscores E2E Networks’ commitment to advancing India’s AI/ML Cloud Platform, empowering enterprises, startups, and institutions across the nation.

This investment comes from a diverse group of investors, including key members of the promoter group and a wide array of public investors.

The funds will be used to accelerate the growth of E2E Networks’ AI-First Cloud Platform, enhancing its capability to support advanced machine learning and AI-driven applications.

Commenting on the successful investment round, Tarun Dua, Co-Founder and Managing Director of E2E Networks, stated, “This investment is a significant milestone in our journey to becoming the leading AI-First Cloud Platform from India. The capital raised will enable us to enhance our cloud infrastructure, ensuring that we continue to deliver unparalleled value to our customers and support the next wave of AI-driven innovation in India. Our recent empanelment by the Ministry of Electronics and Information Technology (MeitY) further solidifies our commitment to providing secure and compliant cloud solutions tailored to the needs of both public and private sector.”

This equity capital raise was exclusively advised by InCred Capital, the Investment Banking arm of Incred Group.