Adani Group’s JV acquires Coredge.io
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Ahmedabad: Amid the global call for safeguarding data sovereignty, Sirius Digitech Ltd, a joint venture between the Adani Group and Sirius International Holding, a subsidiary of International Holding Company (IHC), on Tuesday announced the acquisition of Coredge.io, a sovereign AI and cloud platform company, for an undisclosed sum.
The acquisition will enable Sirius Digitech to provide cloud services to empower organisations in leveraging sovereign cloud innovations while retaining sensitive data within their boundaries.
“As nations increasingly prioritise data security, it is more important than ever that organisations have the option to retain their data within national borders rather than relying solely on the public cloud,” said Jeet Adani, Director of Adani Group.
He further said that sovereign data centres become extremely important for protecting sensitive information and maintaining national security, given the exponential growth in artificial intelligence-driven demand for computation and sovereign data stack.
