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Home > Business > Companies > Mergers & Acquisitions > Yotta Data Services acquires Apiculus’ parent IndiQus Technologies

Yotta Data Services acquires Apiculus’ parent IndiQus Technologies

Founded in 2013, Apiculus works with Telecoms service providers globally and enables them to build a profitable sovereign cloud business.

Abhinav Kumar Singh
Last updated: November 14, 2024 10:46 PM
By Abhinav Kumar Singh
Yotta Data Services acquires Apiculus' parent IndiQus Technologies
Yotta Data Services acquires Apiculus' parent IndiQus Technologies
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Yotta Data Services, a Hiranandani Group company has acquired IndiQus Technologies, the parent company of Apiculus, a cloud platform provider.

Founded in 2013, Apiculus works with Telecoms service providers globally and enables them to build a profitable sovereign cloud business. Apiculus is currently deployed in 17 countries, primarily across Asia, the Middle East and Africa, and aims to make cloud accessible to everyone, everywhere and build sovereign clouds in 100+ countries.

With the acquisition of IndiQus Technologies, Yotta addresses a significant void in the Made-in-India Cloud and AI platform Realm, reducing dependence on foreign enterprises to fulfil India’s Digital Transformation needs.

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IndiQus Founders Sunando Bhattacharya and K B Shiv Kumar will step into the roles of Chief Revenue Officer and Chief Innovation Officer, respectively, at Yotta.

Sunil Gupta, CEO & Co-Founder of Yotta, said, “This acquisition propels Yotta to new heights, solidifying our role as a trailblazer in advancing India’s digital transformation through state-of-the-art technology and continued innovation. The industry is taking note of this milestone, recognising Yotta’s commitment to shaping the future of technology infrastructure in India. This acquisition is a major leap in our quest to shape India’s digital destiny. Together, we are forging a powerhouse one-stop shop for AI and Cloud PaaS services. This synergy will empower businesses to fast-track their innovation, enhance digital infrastructure, and unleash the boundless potential of transformative technologies. This is more than an acquisition; it’s a leap into the future of cloud and AI services in India. The prowess of Apiculus will not only bolster Yotta’s capabilities but also serve as a catalyst for the expansion and growth of our Sovereign Cloud and AI services.”

“Yotta’s acquisition of IndiQus is a significant step forward for us as we strengthen our leadership in India’s AI and cloud sectors. This move is closely aligned with our goal of driving digital transformation using ‘Made in India’ solutions which are meant to serve India as well as the world. Together, we’re ready to reshape the future of cloud and AI services in India, making them more accessible and effective for businesses across the country,” said Darshan Hiranandani, Co-Founder and Chairman, Yotta.

Sunando Bhattacharya, Founder & CEO at IndiQus, said “We’re thrilled to join forces with Yotta and excited to reshape the Cloud and AI services category. This acquisition is a major milestone for us, our path-breaking product Apiculus validates our vision to drive the next wave of digital transformation through cloud technology. Partnering with Yotta, a leader in data center and cloud infrastructure & services, enhances our capabilities and expands our reach, allowing us to bring more value to cloud service providers worldwide. Together, we’ll accelerate cloud adoption, unlock new opportunities, and make secure, world-class cloud infrastructure more accessible, especially in rapidly advancing markets.”

Yotta Data Services is an end-to-end digital transformation service provider offering cloud, AI cloud solutions, data center hosting, connectivity, and cybersecurity services; cyber-workspaces; managed applications; and a wide range of managed IT services.

Yotta operates its cloud regions at its hyperscale data center parks in Panvel (Navi Mumbai) and Greater Noida (Delhi NCR). Yotta’s homegrown, open-source-based, feature-rich Sovereign hyperscale cloud, “Yntraa,” is MeitY empanelled (VCC and GCC) and is also deployed in large government-owned CSPs on a white labelled / PPP model.

In addition, Yotta has launched Shakti Cloud, a cutting-edge platform that leverages advanced AI capabilities, providing enterprises with a comprehensive suite of AI services, including AI labs, AI workspaces, serverless inferencing, and access to NVIDIA’s NIM services, alongside Kubernetes clusters with GPU resources.

TAGGED:ApiculusIndiQus TechnologiesYotta Data Services

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