Cloud computing is all the rage these days. And it makes sense why. It makes it easier to take advantage of powerful hardware for resource-intensive purposes, without having to carry said hardware. India has also been dabbling with the idea. Furthermore, it seems like Velosting, one of the cloud computing companies, will get a head start from all the investments they are getting.
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Velosting To Get A Headstart
A USD 128 million investment in Velosting was announced by EST, a venture capital group based in Singapore. In Addition, an important turning point in the development of India’s digital infrastructure is represented by the investment. With an emphasis on providing Infrastructure-as-a-Service, Platform-as-a-Service, and private cloud solutions designed for businesses and developers, Velosting has become a major participant in the South Asian cloud industry.
Velosting intends to scale the deployment of thousands of high-performance GPU nodes with this investment. Furthermore, the quickly growing demands of startups, academic institutions, and digital-first businesses looking for GPU-as-a-service on demand will be met by Velosting’s infrastructure.
“Cloud gaming infrastructure and AI computing are in high demand in India. The foundation of this digital revolution is being built by Velosting. “We are extremely happy to have EST as a long-term partner,” Velosting’s CTO, Dr. Pawanpreet Singh, stated.
