DigitalOcean, an American cloud infrastructure provider and hosting company, today said it plans to open a data center in India this year, with an initial investment of up to USD 5 million.
The company is planning to have an initial investment of up to USD 5 million to build its local facility and operation in 2016, the company's CEO and co-founder Ben Uretsky told reporters here.
"We are here to help the booming economy in India continue to grow and succeed," he added.
Also Read
Uretsky said the company has big plans for 2016 and is actively working on a robust storage and a monitoring solution to complement its current product offerings.
"Developers in India will have first access to these cutting-edge technologies in our new data centre in Bengaluru," he added.
KartRocket, India's leading e-commerce enabler that raised USD 6 million in Series B funding just last month, has been using DigitalOcean's cloud for the past two years.
"DDigitalOcean's made it extremely simple for our team of developers to scale our application, as we've gained traction and more customers over the past years.
"It is the simplest cloud platform in the market for developers and start-ups to launch their apps on," Co-Founder and CEO of KartRocket, Saahil Goel said.
Headquartered in New York City, DigitalOcean has
Catered
to the developer community by offering on-demand cloud computing resources that can be deployed in seconds at a great price point, Uretsky stated.
He further said, in 2015, DigitalOcean became the
Second
largest hosting company in the world, as per Netcraft, a cloud infrastructure research firm.
"Today, India is home to the fastest growing ecosystem of start-ups and entrepreneurs, with approximately 4,000 start- ups launching this past year alone," Uretsky noted.
Considering the number of software developers
Throughout
India will grow to over five million by the year 2018, it is clear that the region is one of the most important technology markets in the world, he said.
