EST, a leading Singapore-based venture capital firm, today announced a strategic investment of $128 million USD in Velosting, one of India’s fastest-growing cloud service providers. The investment marks a significant milestone in the evolution of India’s digital infrastructure, fueling Velosting’s mission to build scalable cloud GPU capacity for AI, gaming, and enterprise workloads.
Velosting has emerged as a key player in the South Asian cloud ecosystem, focused on delivering Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and private cloud solutions tailored for enterprises and developers. The funding will power the deployment of next-generation cloud GPUs across edge and Tier 3 data centers being developed by Velosting in strategic locations across the country.
With this capital infusion, Velosting plans to scale deployment of thousands of high-performance GPU nodes, ensuring ultra-low latency access to AI/ML developers, gamers, and cloud-native enterprises. Velosting’s infrastructure will support the rapidly expanding needs of startups, research institutions, and digital-first enterprises seeking GPU-as-a-service on demand.
“India’s demand for AI computing and cloud gaming infrastructure is surging. Velosting is building the backbone for this digital transformation. We’re thrilled to have EST as a long-term partner,” said Dr. Pawanpreet Singh, CTO of Velosting. “This investment enables us to accelerate our rollout of Tier 3 edge data centers, advance our AI and gaming cloud stacks, and expand GPU availability across underserved regions in India.”
The partnership aims to position Velosting as a pan-India cloud GPU powerhouse, bridging the infrastructure gap for AI innovation, immersive gaming, and digital sovereignty.
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