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Partnership · AI & Deep Tech

E2E Networks partners Nvidia to build AI factories

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Date
Company
E2E Networks
What it does
AI cloud infrastructure provider
Kind
Partnership
Based in
Chennai
Founded
2009
Sector
AI & Deep Tech

What they do

E2E Networks provides cloud computing and GPU infrastructure for Indian startups

What happened

Nvidia announced a strategic collaboration to build advanced AI factories on E2E's TIR cloud platform

Why it matters

The partnership is part of the government-backed IndiaAI Mission and will deploy Nvidia's Blackwell GPUs; e2E Networks' stock surged 20% after the announcement

The details

  • Nvidia announced a strategic collaboration with E2E Networks at the India AI Impact Summit 2026.
  • The partnership aims to build advanced AI factories in India.
  • E2E Networks will build a Blackwell GPU cluster on its TIR cloud platform.
  • The cluster will be hosted at the L&T Vyoma data centre in Chennai.
  • The platform will deploy Nvidia HGX B200 systems with Nvidia Enterprise software and Nemotron open models.
  • The partnership is part of the government-backed IndiaAI Mission.
  • E2E Networks' stock surged 20% to Rs 3,034.40 on NSE on 18 February 2026.

The bigger picture

  • Nvidia commands over 80% market share in the global AI accelerator segment.
  • India is considered one of the most important hubs for AI innovation, according to Nvidia's South Asia MD.
  • The partnership will accelerate sovereign AI in sectors like healthcare, finance, manufacturing, and agriculture.
  • E2E Networks' stock has climbed ~1,760% in three years and ~6,455% over five years.

About the business

  • E2E Networks was founded in 2009 as an affordable, contract-less cloud computing provider for Indian startups.
  • It is positioned as India's first AI-First Hyperscaler and a leading IaaS provider focused on Cloud GPU capabilities.
  • Core offerings include Advanced Cloud GPUs (V100, H100, H200, A100, L40S) and the TIR ML platform.
  • It offers aggressive pricing with 100% human support and bills in INR.
  • E2E Networks powered the early scaling of Zomato, CarDekho, and 1mg.
  • In Q3 FY26, revenue jumped 68% YoY (conflict: Rs 70 crore or Rs 700 crore).
  • Q3 FY26 EBITDA margin was 56.63%.
  • Depreciation in Q3 FY26 was Rs 47.65 crore.
  • In September 2025, E2E Networks received a Rs 177 crore order from MeitY to allocate H100/H200 GPUs to GNANI AI.

What happens next

  • The AI compute will accelerate sovereign AI in healthcare, finance, manufacturing, agriculture, and agentic AI.

The deal

Type
partnership

Investors

  • L&T (existing) — L&T announced a strategic investment in November 2024 to acquire up to 21% stake in E2E Networks via preferential equity and secondary purchases, with investment over Rs 1,400 crore. L&T remains a minority investor with protective rights, not in control.

Founders

  • Tarun Dua, Managing Director & CEO, co-founder
  • Mohamed Imran, CTO, co-founder

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