Novacore Innovations, headquartered in Mumbai, has announced the deployment of its GPU cloud platform powered by NVIDIA Blackwell servers, marking a milestone for India’s AI infrastructure and global competitiveness. Novacore has also secured ₹44.6 crore INR ($5.1 million USD) in financing led by Rashi Fincorp, with U.S. and Abu Dhabi participation.
Founded in late 2024 by San Francisco-based Ranbir Badwal and Mumbai- based Aryamaan Singhania, Novacore is leveraging competitive electricity costs, India’s skilled technical workforce, and Hyderabad’s elite power grid and datacenter ecosystem to provide cost-effective AI infrastructure for startups, researchers, and enterprises across India, the United States, and the Middle East.
The line of credit will fund the rollout of Novacore’s first Hyderabad Blackwell cluster, strengthening domestic compute capacity while helping research teams and enterprises run advanced AI workloads without relying on overseas resources.
Serving Key AI Markets
Novacore supports three high-growth markets: India’s startups, U.S. innovators, and organizations in the Middle East. Customers benefit from lower costs, quick provisioning, and scalable GPU power for generative AI, LLMs, scientific computing, and real-time analytics. To aid adoption, Novacore is offering free trials of Blackwell clusters to qualifying startups and labs in each region.
NVIDIA B200 Performance
Central to Novacore’s platform is the NVIDIA B200 server, Blackwell’s successor to the H100/H200. The B200 delivers up to 2.3× higher peak performance and double the real- world AI speed of prior hardware. With 192GB HBM3e memory and 8TB/s bandwidth, it can train trillion-parameter models at scale. Fifth-gen tensor cores and dual transformer engines accelerate training up to 3× and boost inference throughput by as much as 15×, while offering 25× greater energy efficiency to reduce costs.
“From Mumbai’s leadership to Hyderabad’s operational excellence, we have built Novacore to combine technical depth, reliability, and reach,” said Aryamaan Singhania, Co-founder. “By focusing on efficiency and talent, we are delivering unmatched value to innovators in India, the U.S., and the Middle East.”
“Our goal is to democratize access to the most advanced computing,” said Ranbir Badwal, Co-founder. “What some call an almost datacenter bubble in India has kept hosting costs well below the U.S., where companies face bidding wars over datacenters. This lets us offer American startups and researchers the GPU power they need – so they can spend more on breakthroughs instead of over-paying for compute.”
