India's Yotta Data Services has acquired IndiQus Technologies, the parent company of cloud platform provider Apiculus.

Announced by Yotta on November 14, the move is hoped to strengthen the company's sovereign cloud and artificial intelligence offerings in India.

The value of the deal has not been shared.

Sunil Gupta, CEO & co-founder of Yotta, said: “This acquisition propels Yotta to new heights, solidifying our role as a trailblazer in advancing India’s digital transformation through state-of-the-art technology and continued innovation."

Gupta added that the two companies together will forge a "one-stop shop" for AI and Cloud platform-as-a-service offerings. The acquisition is hoped to serve as a "catalyst for the expansion and growth" of Yotta's existing services.

“Yotta’s acquisition of IndiQus is a significant step forward for us as we strengthen our leadership in India’s AI and cloud sectors. This move is closely aligned with our goal of driving digital transformation using ‘Made in India’ solutions which are meant to serve India as well as the world," added Darshan Hiranandani, co-founder and chairman of Yotta.

Under the terms of the acquisition, IndiQus' founders Sunando Bhattacharya and K B Shiv Kumar will take over the roles of chief revenue officer and chief innovation officer, respectively.

Founded in 2019 by former NTT and Reliance exec Sunil Gupta, Yotta offers colocation and cloud services. The company has three live data centers in Navi Mumbai, Noida, and Gujarat, with sites in development in Pune, Powai, and Chennai in India, and Dhaka in Bangladesh. A facility is also planned in Nepal.

Earlier this year, it was reported that Yotta was set to go public on the Nasdaq via a SPAC merger.

Yotta is not to be confused with Yotta Events, a DCD sister company.