FlexiCloud Internet, a leading provider of managed cloud hosting solutions, has secured strategic funding from Ushodaya Enterprises Private Limited, the holding corporation of the Ramoji Group. This investment marks a significant move by Ushodaya Enterprises to expand its presence in Kerala.
According to a press release from the company, the funds will be used to bolster FlexiCloud’s technological infrastructure, intensify its research and development endeavours, and amplify its market outreach.
Established in 2017 by Vinod Chacko and Anooja Bashir, FlexiCloud Internet specializes in advanced managed cloud hosting solutions, emphasizing high performance, robust security, and personalized customer support. The platform caters to the needs of high-traffic websites, application hosting, and e-commerce businesses by consolidating various cloud services into a single interface. It offers customizable server options, strategic deployment locations, and comprehensive application management tools.
FlexiCloud has garnered recognition for its innovative offerings, including the Kerala Startup Mission’s Scale-up Grant and prestigious awards like the Times Business Award for Most Promising Technology Startup, the National Fame Award, and the India MSME Award.
The company boasts a clientele of over 2,200 paid subscribers across 13 countries, ranging from individual entrepreneurs to multinational corporations.
With the backing of Ushodaya Enterprises and the Ramoji Group, FlexiCloud is poised to accelerate its growth trajectory and solidify its position as a leader in the managed cloud hosting industry, particularly in the burgeoning market of Kerala.