ESDS Software Solution has launched a sovereign AI cloud platform in India.

Called Swaraj Cloud, the offering is described as an AI autonomous sovereign cloud platform and is hosted in data centers in India, with 100 percent Indian data residency and "minimal foreign infrastructure dependency."

The platform aims to meet regulatory requirements for organizations and enterprises in the banking, government, healthcare, and public sectors at the infrastructure level.

Piyush Somani, ESDS managing director and chairman, said: "India stands at the defining inflection point of its digital century. Over the last decade, India has built one of the world's largest digital public infrastructure ecosystems, yet the foundation powering our digital economy continues to rely on foreign cloud platforms, foreign AI ecosystems, and imported compute.

"Today, over 70 percent of India's workloads continue to run on foreign infrastructure, resulting in significant economic outflows and strategic dependence on technologies beyond our control. The cost of inaction as a nation is reflected in geopolitical risks, compliance obligations, and the increasing need for digital self-reliance."

Somani added: "The path ahead for India lies unequivocally in digital sovereignty, where our data, cloud, AI, compute, cybersecurity and critical digital infrastructure are developed, governed and continuously innovated within India. This is a collective national responsibility, and ESDS is committed to enabling this vision by delivering a sovereign end-to-end AI and IT ecosystem that empowers large enterprises, governments and BFSI institutions."

ESDS owns and operates the physical servers, storage, and networks that Swaraj Cloud runs on.

According to ESDS' website, the company operates four data centers in India, located in Nashik, Mumbai, Bengaluru, and Mohali, from which it offers colocation services.

ESDS is also preparing for an Initial Public Offering with the Securities and Exchange Board of India. The IPO is for equity shares aggregating up to Rs 600 crore, and the company has also retained the option of a pre-IPO placement of up to Rs 120 crore, which would reduce the size of the IPO.

The company plans to use the proceeds of the IPO for the purchase and installation of cloud computing equipment and expanding its infrastructure across its data centers, as well as "general corporate purposes."

Earlier this year, ESDS signed a capacity agreement with Sharon AI for capacity at an Australian data center. The contract will see ESDS leasing 8,000 GPUs at the site.