Analysis · AI & Deep Tech
NxtGen builds sovereign AI cloud for India
By Startup Enthusiast ·
- Date
- Company
- NxtGen Cloud Technologies
- What it does
- Cloud and AI infrastructure provider
- Kind
- Analysis
- Founded
- 2013-07
- Sector
- AI & Deep Tech
What they do
NxtGen operates five data centres and offers GPU-as-a-Service
What happened
It has pivoted from data centres to a full-stack AI cloud platform
Why it matters
India's cloud AI market is projected to reach $56.8 billion by 2030
The details
- NxtGen Cloud Technologies was founded in July 2013 by Rajgopal AS.
- The company originally built data centres for India's digital demand.
- It later pivoted to a pure-play cloud provider with no co-location services.
- NxtGen now positions itself as a full-stack AI player with sovereign cloud infrastructure.
- It offers GPU-as-a-Service on a unified platform for Intel Gaudi, AMD, and NVIDIA GPUs.
- The AI team grew from 48 to nearly 120 people, working on close to 150 projects.
- Its first live use case is a financial assistant trained on Indian accounting standards, GST, and company law.
- It also built a legal assistant initially for corporate law, expanding into criminal and other domains.
The bigger picture
- Global AI spending is projected at $2.52 trillion in 2026, up 44% from $375 billion in 2025.
- India's digital economy channelled an estimated $160 billion into AI infrastructure in 2025.
- India's cloud AI market is $4.5 billion, growing 52.6% annually to reach $56.8 billion by 2030.
- Sovereign positioning is driven by GDPR and the US Cloud Act; NxtGen took legal opinion from a Washington-based law firm.
About the business
- NxtGen operates five data centres across India.
- It provides GPU-as-a-Service on a unified platform supporting Intel Gaudi, AMD, and NVIDIA GPUs.
- The company built an AI applications layer called M platform, focused on India-specific intelligence.
- Its first product is a financial assistant that functions like a digital chartered accountant for individuals, shopkeepers, and small businesses.
- It also offers a legal assistant covering corporate, criminal, and other statutory domains.
- The AI team works on nearly 150 projects.
What happens next
- Rajgopal believes AI infrastructure must be anchored locally, like telecom or banking.
Founders
- Rajgopal AS, Founder
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