GEF Capital Partners to Be the Catalyst for ESDS’ Growth Ambitions
Tuesday, June 5, 2018 2:50PM IST (9:20AM GMT)
Mumbai, Maharashtra, India:
On the occasion of World Environment Day (June 5), India’s leading Managed Cloud Services Provider (MSP) and data center solutions firm, ESDS Software Solution Pvt Ltd, is proud to announce an investment by GEF Capital Partners (GEF), an investment firm focused on investing in the resource efficiency sector, to support the continued growth of ESDS.
ESDS is the creator of several eco-friendly technologies based on its patented eNlight Cloud Technology. This unique next-generation cloud model saves up to 70% of hardware resources of IT systems, resulting in substantial power savings and environment conservation by data centers and ESDS customers. Data Centers represent one of the fastest growing areas of energy consumption globally and energy efficiency improvements play an enormous role in taming the growth rate in the industry’s energy consumption.
Talking about the partnership, GEF Partner Raj Pai says, “We have known ESDS for the last four years and believe that in an era of ever increasing computing demand, an efficient cloud solution is the perfect way for enterprises to optimize their IT resources and to lower their energy footprint. We have been impressed with the phenomenal growth that the Company has demonstrated, as well its patented technology, which allows vertical as well as horizontal scaling, demonstrating a high degree of benefit for computing resource efficiency. We are excited to partner with ESDS to enable them in becoming a key catalyst in the global cloud solutions space.”
Commenting on the new investment, ESDS CMD & Founder Piyush Somani said, “Eight years back we created the eNlight Cloud platform with real-time vertical auto-scaling, as our Enterprise customers needed more compute power in real-time and their applications could not support the Load Balancing or so called Horizontal scaling technology. This innovation done by the R&D team of ESDS got rewarded with special patents from US & UK. We realized that it was only B2C companies that were able to use public cloud efficiently and there was a huge opportunity for Enterprise Cloud to cater to the B2B market. With the GEF investment, ESDS’ billion-dollar company objective comes closer to realization.”
He further added that the entire ESDS team is excited to further enhance and evolve the Enterprise cloud growth engine. “As we enter our next stage of progress as a leading global, focused and fully-integrated cloud service provider, we are proud to partner with GEF to further develop collaboratively," says Somani.
About ESDS Software Solution Pvt Ltd
Founded in 2005 by the first generation entrepreneur Piyush Somani, ESDS is one of India’s leading Managed Hybrid Cloud Service Providers having multiple global patents for vertical auto-scaling technology which is only available in its eNlight Cloud platform. ESDS is the only company in India to host more than 282 Banks and NBFCs on its Banking Community Cloud, over 80+ government organizations on its Govt Community Cloud and 70+ Indian enterprises like TATA Metaliks, TATA Capital, Symphony, Embassy, KFC, Pizza hut, ATOS, MASTEK, ZENSAR, DXC, L&T and many more on its Enterprise Community Cloud. Exuberant Support from ESDS for all its Cloud offerings are unmatched in the Industry. For further details please visit https://www.esds.co.in/clientele.
About GEF Capital Partners
GEF Capital Partners is a private equity fund manager focused on investing in businesses located in India, Latin America and the United States. The firm seeks to create long term, sustainable value for its investors by partnering with leading companies that promote the efficient use of limited resources. For further details, please contact Raj Pai at [email protected].
On the occasion of World Environment Day (June 5), India's leading Managed Cloud Services Provider (MSP) and data center solutions firm, ESDS Software Solution Pvt Ltd, is proud to announce an investment by GEF Capital Partners (GEF), an investment firm focused on investing in the resource efficiency sector, to support the continued growth of ESDS.