CoreStack, a global multi-cloud governance provider that empowers enterprises to unleash the power of the cloud, marked the official grand opening of the company’s new state-of-the-art office located in Chennai, expanding its India business operations and the company’s global R&D footprint.
To celebrate the office opening, CoreStack hosted its customers, investors, partners and employees at the event. With over 300 employees, the new facility gives the company adequate space to continue to grow and support its increasing customer base. CoreStack is expecting the Chennai office to outgrow this new facility within the next 12 months. With headquarters in Bellevue, Washington and additional offices in the United States, United Arab Emirates and India, the company’s expansion and increased focus on R&D efforts is paramount, the statement said.
CoreStack’s customers gracing the occasion included Ganesh Babu, CEO at AgilizTech, Vasanth Jeyapaul, CEO at CAMS Payment, and Vijay Ayyaswamy, Senior Manager, Cloud at Precision Infomatic, a statement said.
“Companies around the world are reckoning huge risks involved in migration to the cloud, which if not managed properly, can be catastrophic for the businesses,” said Vasanth Jeyapaul, CEO at CAMSPay. “Thanks to CoreStack’s innovative AI-powered cloud governance, automation, and orchestration platform, enterprises like ours, today, can easily tread a successful digital transformation journey.”
CoreStacks’s investors present at the grand opening, included Abhay Havaldar, Co-Founder and Managing Partner, Avatar Group Capital Partners, Anant Vidur Puri, Partner at Bessemer Venture Partners, Gokul Dixit, Venture Partner at Dallas Venture Capital, Shivam Agarwal, Investment Analyst at Iron Pillar, and Thiruvalluvan M. G., Managing Director at Start Smart Labs.
“As investors, we are proud of CoreStack’s remarkable progress in managing $1+ billion in annual cloud consumption for its global customers,” remarked Abhay Havaldar, Co-Founder and Managing Partner at Avatar Group Capital Partners. “With the addition of the sparkling new R&D facility in Chennai, we are confident that CoreStack will lead the new digital frontier in cloud governance and equip enterprises to experiment more, go faster and focus better.”
Some of CoreStack’s partners also joined the inauguration ceremony, including Kamlesh Mahajan, Head of Sales and Marketing at Talkd, Magesh Gopal, GMA Soft, Radhika Srikumar, Associate Director at VCTI, and Ramanan Veeranan, Chief Delivery Officer- Codincity.
“CoreStack’s unique end-to-end cloud governance platform provides the transformative value that enterprises are eagerly striving for,” said Ramanan Veeranan, Chief Delivery Officer at Codincity. “We’re truly thrilled to be part of the inauguration of CoreStack’s new facility here in Chennai, and we wish them grand success in unleashing the power of cloud for our mutual customers with ground-breaking cloud governance.”
“Opening our new office in Chennai is a remarkable milestone that is the result of our rapid growth and our commitment to develop the most robust and NextGen Cloud Governance solutions through this additional R&D presence,” said Ezhilarasan Natarajan (Ez), CEO at CoreStack. “We’re excited to continue our growth and presence in Chennai’s emerging technology ecosystem.”
