Launch · Enterprise Software & IT
E2E Networks signs ₹1,000 crore deal for Nvidia Blackwell GPUs
By Startup Enthusiast ·
- Date
- Company
- E2E Networks
- What it does
- Cloud computing and AI infrastructure
- Kind
- Launch
- Amount
- ₹1,000 crore
- Sector
- Enterprise Software & IT
What they do
E2E Networks provides cloud computing and AI infrastructure services, including GPU-powered infrastructure
What happened
It signed a binding term sheet with a sovereign AI company for Nvidia Blackwell cloud GPUs and services worth ₹1,000 crore
Why it matters
The term sheet is valid until June 2029, and the board also approved raising up to ₹1,500 crore
The details
- E2E Networks signed a binding term sheet with a sovereign AI company based in India.
- The deal is for Nvidia Blackwell cloud GPUs and allied services.
- The aggregate contract value is approximately ₹1,000 crore, exclusive of taxes.
- The term sheet is valid until June 2029.
- The board also approved raising up to ₹1,500 crore via QIP, rights issue, FPO or other routes on August 31.
- The company's 17th Annual General Meeting is scheduled for September 28, 2026.
The bigger picture
- E2E Networks was added to the MSCI Global Small Cap Index.
- Nvidia announced a collaboration with E2E Networks to enhance AI computing in India.
- The company secured a ₹177 crore order from the Government of India for GPU resources.
- Larsen & Toubro acquired a 21% stake in E2E Networks for ₹1,407.02 crore.
- Union Budget announced tax incentives for data centers, benefiting E2E Networks.
About the business
- E2E Networks provides cloud computing and AI infrastructure services, including GPU-powered infrastructure and the TIR AI/ML platform.
The deal
- Type
- launch
Other articles talking about it
More on E2E Networks
- E2E Networks posts first profit with strong revenue growth21 July 2026 · Results
- E2E Networks debuts on BSE mainboard via direct listing12 June 2026 · IPO
- E2E Networks partners Nvidia to build AI factories18 February 2026 · Partnership
- E2E Networks launches sovereign cloud platform11 March 2025 · Launch
- E2E Networks raises ₹420.51 crore in strategic round21 August 2024 · Funding · ₹420.51 Cr
Same day
- Yoga Bar launches whey powder with yeast protein31 August 2026 · Launch
- State Street invests in Groww AMC for strategic partnership31 August 2026 · Funding · ₹580 Cr ($64.2m)
- Skinvest founder shares brand journey and plans31 August 2026 · Analysis
- Zomato lays off 240 employees in Hyderabad31 August 2026 · Layoffs · 0
- PhonePe launches UPI 123Pay for feature phone users31 August 2026 · Launch
- Sarvam launches developer ecosystem initiative for AI creators31 August 2026 · Launch