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04. September 2025
E2E Networks Secures 177 Crore Deal For Indias Ai Foundation Model
E2E Networks has emerged as a frontrunner in the Indian artificial intelligence (AI) landscape, having won a significant contract from MeitY’s IndiaAI Mission to supply GPU resources for building India’s foundational AI model. The ₹177 crore deal is a testament to the company’s commitment to innovation and its ability to cater to the growing demands of the AI sector.
According to E2E Networks’ latest filing with the National Stock Exchange (NSE), it has received a formal letter from MeitY’s IndiaAI Mission to supply GPU resources to Bengaluru-based Gnani.ai, a leading player in the Indian AI ecosystem. The contract involves the allocation of H100 SXM and H200 SXM GPUs, which will be utilized for building a foundational AI model for the country.
The scope of work includes providing nearly 1.3 crore GPU hours over a period of 360 days, with all resources running on a single InfiniBand network fabric. This cutting-edge infrastructure will enable Gnani.ai to develop a robust and scalable AI model that can cater to various applications, including natural language processing, computer vision, and predictive analytics.
The IndiaAI Mission is an initiative launched by the Ministry of Electronics and Information Technology (MeitY) to promote the development and adoption of AI in India. The mission aims to create a robust ecosystem for AI innovation, with a focus on building foundational models that can be leveraged across various industries.
E2E Networks’ recent contract win marks a significant milestone in the company’s journey towards becoming a leading player in the Indian AI landscape. With this deal, E2E is poised to play a pivotal role in shaping India’s AI future, leveraging its expertise in GPU technology and infrastructure solutions.
In a separate development, E2E Networks has announced that its board of directors has approved the acquisition of assets from Coimbatore-based Jarvis Labs AI, a startup offering GPU cloud services for AI and deep learning. The acquisition covers IP, hardware, domains, and customer assets, further bolstering E2E’s AI/ML portfolio.
Jarvis Labs AI is known for providing cutting-edge GPU cloud services that cater to the evolving needs of the AI and deep learning communities. With this acquisition, E2E will gain access to Jarvis Labs’ expertise in GPU technology, infrastructure solutions, and customer base, expanding its offerings in the Indian AI market.
The acquisition is expected to bring significant benefits to E2E Networks, including enhanced competitiveness, expanded revenue streams, and improved operational efficiency. As a result, investors can expect E2E’s stock price to continue its upward trajectory, driven by the company’s growing presence in the Indian AI ecosystem.
Gnani.ai, on the other hand, is an emerging player in the Indian AI ecosystem, known for its innovative approaches to building foundational AI models. With E2E Networks’ support, Gnani.ai is poised to accelerate its progress, leveraging the company’s expertise in GPU technology and infrastructure solutions.
The collaboration between E2E Networks and Gnani.ai has the potential to drive significant innovation in India’s AI sector, with far-reaching implications for various industries, including healthcare, finance, and education. As the two companies work together, they are likely to create a robust ecosystem that fosters growth, adoption, and sustainability of AI solutions in India.
E2E Networks’ recent contract win and acquisition demonstrate the company’s commitment to innovation and its ability to cater to the growing demands of the AI sector. With its expertise in GPU technology and infrastructure solutions, E2E is well-positioned to play a pivotal role in shaping India’s AI future. As the country continues to invest heavily in AI research and development, companies like E2E Networks are likely to emerge as key players, driving growth, adoption, and sustainability of AI solutions across various industries.
MeitY’s IndiaAI Mission is part of the government’s efforts to promote digital transformation and innovation in India. The mission aims to create a robust ecosystem for AI innovation, with a focus on building foundational models that can be leveraged across various industries. E2E Networks has established partnerships with several leading companies in the Indian IT industry, including IBM and Hewlett Packard Enterprise (HPE).
The Indian AI market is expected to reach ₹1.3 trillion by 2025, growing at a CAGR of 30%. The global GPU market is projected to reach USD 12.4 billion by 2027, growing at a CAGR of 15%. The demand for GPU resources is increasing rapidly in India, driven by the growth of AI and deep learning applications across various industries.
E2E Networks is an Indian IT services company that specializes in providing infrastructure solutions, including data center design, build-out, and management. The company has established partnerships with several leading companies in the global IT industry and has a strong presence in the Indian market.
Gnani.ai is a Bengaluru-based AI startup that offers innovative approaches to building foundational AI models. The company has received significant funding from investors, including the National Science Foundation of India and the Indian government’s Department of Science and Technology.