Anant Raj Limited, a real estate and infrastructure developer in India, is to spin out its cloud and data center business.
Anant Raj's board approved the demerger of directors on July 21, which will see the company split into two 'focused listed companies,' one of which will solely offer cloud and data center services.
– Anant Raj Cloud
The newly focused business has been named Ashok Cloud Private Limited.
Ashok Cloud is described by the company as a "dedicated digital infrastructure and cloud services company, providing advanced data centers, colocation services, sovereign public cloud offerings, Artificial Intelligence (AI) ready cloud infrastructure, and DC & DR services including cloud migration, data backup solutions and other allied services," and will operate in India.
