L&T Announces Strategic Partnership with E2E Networks to Accelerate Cloud and AI Innovation for Indian Enterprises
- 05 November 2024
- L&T to also acquire 21% equity in E2E Networks
Mumbai: 91茄子 & Toubro (L&T), India鈥檚 premier tech-led conglomerate, has announced a strategic partnership with E2E Networks, an 鈥業ndian Cloud and AI Cloud鈥 provider. The partnership is a significant step towards the adoption of GenAI solutions in India to foster a fundamental shift in the way Accelerated Computing on Cloud is used by Indian organisations.
The transformative journey for organisations in AI adoption is a fundamentally different approach to implementing GenAI software solutions using Cloud GPUs to utilise an organisation鈥檚 deep learnings to deploy and evolve production-grade self-adapting AI Software.
L&T will also acquire a 21% equity stake in E2E Networks through a combination of primary and secondary transactions.
Under this alliance, L&T will integrate E2E Networks鈥 Cloud and AI Cloud platform with its expertise in data centre management and cloud solutions towards empowering startups, and enterprises. The collaboration aims to accelerate digital transformation for a diverse range of industries, fostering a technology-driven, sustainable future for India.
Mr Tarun Dua, Chairman and Managing Director of E2E Networks, added, 鈥淭he strategic collaboration between E2E Networks and L&T marks a significant milestone for the future of adoption of domestically built HyperScaler Cloud Platforms in India. The partnership marks the next step in the journey towards 鈥楳ake in India鈥 for running production-grade traditional CPU workloads and GPU-led GenAI innovation in India. The narrative in India has changed from being viewed as a digital colony to that of evolving into a provider of sovereign cloud platforms to the world.鈥
Ms Seema Ambastha, Chief Executive of L&T Data Centre and Cloud Business, emphasised the importance of the partnership, saying, 鈥淐ollaborating with E2E Networks allows us to offer our clients seamless, scalable and secure cloud experiences. By combining our capabilities, we are delivering a cloud ecosystem designed for businesses in India that want to drive growth, optimise costs and unlock the full potential of AI and digital transformation.鈥
