Adani Group-Backed Sirius Digitech Acquires Cloud Platform Firm Coredge.io
NDTV
Coredge.io is a sovereign AI and cloud platform company offering secure, scalable, and compliant cloud solutions to government and enterprise clients.
Sirius Digitech Limited, a joint venture between the Adani Group and Sirius International Holding (Sirius), a subsidiary of International Holding Company (IHC), announced the signing of a binding agreement for the acquisition of Coredge.io Private Limited, a sovereign AI and cloud platform company.
Coredge.io is a sovereign AI and cloud platform company offering secure, scalable, and compliant cloud solutions to government and enterprise clients.
"As nations increasingly prioritise data security, it is more important than ever that organisations have the option to retain their data within national borders rather than relying solely on the public cloud. Sovereign Data Centers become extremely important for protecting sensitive information and maintaining national security, given the exponential growth in artificial intelligence-driven demand for computation and sovereign data stack," Jeet Adani, Director of Adani Group said.
