Netweb Technologies India Limited

Netweb Technologies India Limited is a Faridabad, Haryana based manufacturer of high end computing solutions, incorporated in 1999. The company designs, builds and deploys supercomputing systems, private cloud and hyper converged infrastructure, AI systems and enterprise workstations, high performance storage solutions and data center servers, largely under its own in-house brands. It positions itself as one of the few India origin, India owned and India controlled original equipment manufacturers offering this kind of full technology stack, combining hardware design with proprietary middleware and software. The company has built systems for national scale projects, including contributing supercomputing infrastructure under India's National Supercomputing Mission, and some of its supercomputers have featured multiple times on the global list of the world's fastest supercomputers. Its customer base spans government, defense, research and academic institutions as well as private enterprises that need high performance computing and storage capacity. Over the financial years leading up to its public listing the company grew its revenue and profitability substantially, helped by rising demand for computing infrastructure to support artificial intelligence, data analytics and research workloads. Netweb positions its integrated design to deployment model, in house manufacturing capability and long standing relationships with a diverse, technically demanding customer base as central to its growth strategy going forward.

Netweb Technologies raised about 189 crore rupees from anchor investors ahead of the public offer, with participation from institutional names including Nomura, Goldman Sachs, Eastspring Investments, Motilal Oswal Mutual Fund and Franklin Templeton, among others.