FlexiCloud Internet, a company specializing in managed cloud hosting solutions, has raised strategic funding from Ushodaya Enterprises Private Limited, the holding corporation of the Ramoji Group.
This initiative is part of Ushodaya Enterprises’ strategic expansion into Kerala.
The funds will be used to empower FlexiCloud to augment its technological base, expand its research and development efforts, and increase its market penetration, the company said in a press release.
“We are thrilled to partner with Ushodaya Enterprises as we continue to scale our operations and innovate our offerings,” said Vinod Chacko, co-founder of FlexiCloud. “This strategic funding not only empowers us to meet the growing demands of our global customer base but also reinforces our commitment to providing secure and reliable cloud solutions.”
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Founded in 2017 by Vinod Chacko and Anooja Bashir, FlexiCloud Internet provides advanced managed cloud hosting solutions that prioritize high performance, enhanced security, and dedicated customer support.
The platform is tailored for high-traffic websites, application hosting, and e-commerce businesses. It consolidates various cloud services under a single umbrella, providing customisable server options, strategic deployment locations, and comprehensive application management.
FlexiCloud has already made a mark in the cloud hosting industry, receiving numerous accolades such as the Kerala Startup Mission’s Scale-up Grant and prestigious awards including the Times Business Award for Most Promising Technology Startup, the National Fame Award, and the India MSME Award. With more than 2,200 paid subscribers across 13 countries, their client list includes individual entrepreneurs and large multinational corporations.