Ramoji Group Invests in Cloud Hosting Company FlexiCloud Internet

• ByStartupStory     |    April 27, 2024

Ushodaya Enterprises Private Limited, part of the renowned Ramoji Group, has announced a strategic investment in FlexiCloud Internet. This funding is aimed at supporting the Kerala-based managed cloud hosting provider in enhancing its technology and expanding its market presence.

Founded in 2017 by Vinod Chacko and Anooja Bashir, FlexiCloud Internet specializes in delivering managed cloud hosting solutions tailored for high-traffic websites, application hosting, and e-commerce platforms. The company’s service offerings are designed to ensure high performance, top-tier security, and committed customer support. With this injection of capital, FlexiCloud plans to strengthen its technological infrastructure, bolster research and development, and enhance its market penetration efforts.

“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.”

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 as well as large multinational corporations.

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