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Analysis · AI & Deep Tech

NxtGen builds sovereign AI cloud for India

By ·

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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