Ushodaya Enterprises Announces Strategic Investment in FlexiCloud Internet
This move marks
Ushodaya Enterprises' tactical expansion into Kerala
Kochi, April 25, 2024 -
Ushodaya Enterprises Private Limited, a prestigious arm of the Ramoji Group,
has officially announced a strategic investment in FlexiCloud Internet Private
Limited, a leading provider of managed cloud hosting solutions based in Kochi.
This move marks Ushodaya Enterprises' tactical expansion into Kerala.
FlexiCloud Internet
Private Limited excels in delivering advanced managed cloud hosting solutions
that focus on high performance, robust security, and exceptional customer
support. The company is committed to demystifying complex technology challenges
for its clients, ensuring seamless and efficient digital operations.
Established in 2017
by Vinod Chacko and later joined by Co-Founder Anooja Bashir in 2020,
FlexiCloud has become notable for its powerful platform designed specifically
for high-traffic websites, application hosting, and e-commerce businesses. The
investment from Ushodaya Enterprises will enable FlexiCloud to enhance its
technological foundation, broaden its research and development activities, and
deepen its market reach. This financial backing is poised to significantly
upgrade FlexiCloud's infrastructure and customer service capabilities,
promising an improved hosting experience for all its clients.
FlexiCloud merges
various cloud services under one roof, offering tailored server options,
strategic deployment locations, and extensive application management.
“Our platform is
crafted to meet the essential needs of startups and SMEs, providing them with
reliable, secure, and scalable cloud solutions,” stated Anooja Bashir, CEO of FlexiCloud.
Karthik Vidyasagar, Chief Investment
Adviser at Ushodaya Enterprises, shared his excitement about the new investment
& 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,
FlexiCloud 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.
“This investment will
greatly strengthen our technological resources, enabling us to offer
cutting-edge solutions that are both innovative and scalable,” noted Binu Mathew, CFO of FlexiCloud.
FlexiCloud has been
recognized with several awards for its innovative solutions, including the
Kerala Startup Mission’s Scale-up Grant and accolades such as the Times
Business Award for Most Promising Technology Startup, the National Fame Award,
and the India MSME Award. The company serves over 2200 paid subscribers in 13
countries, ranging from individual entrepreneurs to large multinational
corporations.
Ushodaya Enterprises
Private Limited, part of the diverse Ramoji Group portfolio which spans media,
hospitality, and food & beverages, underscores its commitment to embracing
cutting-edge technologies and fostering entrepreneurial ecosystems with this
strategic investment in cloud computing.
Anooja Bashir,
the Co-Founder of FlexiCloud, exemplifies resilience and determination. Rising
from the ashes of two earlier startup failures, she has steered her venture to
success with unwavering perseverance. Starting her entrepreneurial journey in
2013 after a stint in the corporate sector, today Anooja has been a mentor to
more than 30+ incubators providing her expertise in strategic marketing and
business strategy. She is also a social entrepreneur through her NGO initiative NEED that
supports women, LGBTQ and differently abled in providing opportunity in entrepreneurship
and career development.