Netweb sees growth opportunity in DeepSeek AI platform
Netweb Technologies India Limited, a leading domestic high-end computing solutions provider, announced today that the emergence of DeepSeek, a new AI large language model platform, presents significant growth opportunities for its business. The company views this development as a catalyst for market expansion rather than a threat to its operations.
The shares of Netweb Technologies India Limited closed at ₹1,607.65, up by ₹146.15 or 10 per cent on the NSE.
In a press release, Netweb highlighted three key factors supporting its outlook: the potential for broader AI adoption due to lower cost barriers, the company’s GPU-neutral solutions that can integrate with platforms like DeepSeek, and alignment with government policies promoting indigenous AI development.
The company reported strong financial performance, with revenue growth exceeding 60 per cent in the first nine months of FY25. As of December 31, 2024, Netweb maintained an order book of ₹360.3 crore, with additional L1 status orders of ₹348.1 crore and a pipeline of ₹3,814.9 crore.
Netweb’s business is diversified across three main segments: high-performance computing systems (over 30 per cent of revenue), private cloud & HCI (over 30 per cent), and AI systems (more than 14 per cent). The company, which went public in July 2023, operates a manufacturing facility in Delhi-NCR and maintains 18 offices across India.
