Finvolve and IA Backs Aquila Clouds to Reshape Enterprise Cloud Management

Finvolve, the multi-stage VC fund of IA (India Accelerator), has recently invested in Aquila Clouds, a leading cloud & AI management platform. The investment aims at strengthening the company’s product and engineering infrastructure and scaling business and marketing activities.

Founded in 2020, Aquila Clouds addresses the pain points of large enterprises and small medium businesses (SMBs) related to cloud and AI management. Aquila Clouds addresses these challenges with its AI enabled platform. The platform provides real-time observability, chargeback, budget control (anomaly detection) and AI/ML driven optimization using Agentic AI workflows.

Commenting on the investment decision, Ashish Bhatia, Founder & CEO of IA & Co-Founder, Finvolve said, "At IA, we’re focused on backing deep-tech companies that are solving real-world enterprise challenges. Aquila Clouds is at the forefront of redefining how businesses manage cloud, Application and on-premises infrastructure using AI / ML , and we’re excited to support their global scale-up journey with our capital, network, and strategic guidance."

Delighted with the investment, Suchit Kaura, Co-Founder and CEO of Aquila Clouds said, "This investment comes at a pivotal juncture in our journey. As enterprises double down on AI, managing cloud costs and AI application performance has never been more critical. With the backing of two ecosystem-driven partners, we look forward to tapping into emerging markets, scale enterprise partnerships and strengthen our positioning as a critical platform for the AI era.”

Aquila Clouds will strategically deploy the funds to accelerate its growth across key fronts. The company plans to expand its global sales operations and scale its customer success function, while also strengthening its product and engineering teams. In parallel, it will refine its go-to-market strategy to drive deeper market penetration and enhance brand visibility across priority regions, including the US, Canada, EMEA, and Asia Pacific.

IA & Finvolve are known for their strong track record in nurturing high-potential startups, bringing deep domain expertise in emerging sectors such as deep tech, singularity, and artificial intelligence.. As part of the ambitious strategy, the entities aim to help Aquila Clouds capture a significant share of its almost $20 Bn addressable market.

About IA & Finvolve

IA is India’s premier startup factory with multiple sub-brands that enable the start-up ecosystem in India - India Accelerator supports the early stage startups with funding, mentorship and other benefits; Finvolve is a multi-thesis growth and late stage fund that empowers startups across their growth journey—from pre-seed to pre-IPO—through capital, strategic support, and ecosystem access. IA Spaces enables start-ups across 16 cities in India with access to co-working hubs and Third Place, which acts as India’s premium Business Cafe. IA is the recipient of the "Best Accelerator of the Country" award from Start-up India in 2022. Our commitment to fostering innovation and supporting upcoming founders has consistently positioned us at the forefront of the Indian start-up ecosystem.