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HomeInsightFunding Alert Google Cloud Invests Rs 1.7 Cr in ProjectX.Cloud, Seeks $3 Mn...

[Funding alert] Google Cloud Invests Rs 1.7 Cr in ProjectX.Cloud, Seeks $3 Mn Funding

Google Cloud has given Lovely Professional University student Rounak Adhikary's initiative, "ProjectX.Cloud," a major boost by providing $200,000 (about Rs 1.70 crore) in technical support.

Google Cloud has given Lovely Professional University student Rounak Adhikary’s initiative, “ProjectX.Cloud,” a major boost by providing $200,000 (about Rs 1.70 crore) in technical support.

Integrating advanced data analytics, machine learning, and artificial intelligence, “ProjectX.Cloud” offers enterprises a streamlined and effective cloud computing environment. The platform optimises workloads for optimal performance, intelligently scales resources in response to demand, and protects data with cutting-edge security features.

Read also – [Funding alert] Financial Advisory Firm Cashvisory Secures INR 1.2 Cr Pre-Seed Funding from SucSEED Indovation Fund, EvolveX, Others

Rounak Adhikary, a talented Lovely Professional University student studying a Bachelor of Science, has captivated the tech sector with his innovative start-up, ‘ProjectX.Cloud.’ Rounak is transforming cloud computing with his relentless passion and ambition.

The Ministry of Commerce and Industry and the Ministry of Electronics and IT awarded funding totaling Rs 10 lakh to Adhikary for his work, which led to first recognition. He has won prizes from the AWS Activate Founder’s Programme and the Microsoft Founder’s Programme, obtaining further money above Rs 50 lakh.

Read also – Waaree Energies Files IPO Papers with SEBI, to Raise INR 3,000 Cr

About ProjectX.Cloud

In the tech community, “ProjectX.Cloud” gathered momentum fast, drawing the interest of investors and industry insiders such as the Launchpad accelerator at IIM Bangalore and venture capital firms like Campus Fund, Elevation Capital, IFC World Bank, and Kalaari Capital.

The power of interpersonal relationships is something that ProjectX believes in. Its products are designed to genuinely connect with its users on a personal level, as its brand is based on empathy. Their P2P brand means customers come first, rather than just B2B or D2C.

Read also – Gruhas Gusto Launches a 6-Month Foodtech Startup Accelerator Programme

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