Gruve, a Redwood City, CA-based early-stage growth startup specializing in providing innovative AI-driven solutions, acquired NetServ, a Pune, India-based services provider of cloud services, AI, workload migration, and network automation.
The amount of the deal was not disclosed.
This acquisition is set to enhance Gruve’s comprehensive AI-driven enterprise services portfolio, providing customers with a broader portfolio of services including Co-Pilot in Enterprise, Workload Migration, and Network Access.
Led by Jay Kulkarni, Founder and CEO, NetServ provides solutions in Network Automation, Cloud Operations, CoPilot & AI, particularly in optimizing hybrid cloud environments, which empower businesses to accelerate their digital transformation initiatives while maintaining security and governance frameworks.
Led by Tarun Raisoni, Co-Founder and CEO, Gruve is dedicated to empowering businesses with AI solutions that streamline operations, enhance decision-making, and foster sustainable growth. The platform offers a comprehensive suite of tools designed to unlock the full potential of business data, enabling organizations to stay ahead in a rapidly evolving digital landscape.
FinSMEs
19/09/2024