/IceWarp to invest $4million in India

IceWarp to invest $4million in India

PUNE: Email communication and collaboration solutions provider IceWarp said that it would invest $ 4 million in India in the next few years. Of this, $ 1.5 million would be invested in local datacentres. The company said this would help it upscale its cloud infrastructure to meet the growing needs of customers in India.

Headquartered in Prague, IceWarp has been present in India for over five years now. “The Idea of investing in data centres in India is to make sure that our customers are able to maintain regulatory compliances and follow other government guidelines related to the security of data while using our solutions. India is an important market for IceWarp and we are sure that the investments are going to reap substantial revenue for the company” said, Adam Paclt, Global CEO, IceWarp.

Specialising in hybrid implementations, the company said the current work from home scenario has led to smaller enterprises realising the need for effective collaboration solutions and an increase in adoption.

Pramod Sharda, CEO, IceWarp India & Middle East said, “In India, we are growing faster than we anticipated…we are planning to invest more in our cloud infrastructure in order to provide secured, flexible and manageable solutions to our clients.” The company works with companies like IDFC Bank, Gujarat Narmada Valley Fertilizers & Chemicals, Emkay Global Financial Services, CMS Info Systems and Fedbank Financial Services, among others.

IceWarp is currently present across 50 countries with approximately 50 million paid users and 50,000 customers worldwide. It has global revenues of about $ 450 million, to which India contributes 8%. The company has over 1000 customers in India.

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