Netweb Technologies Jumps 2.46% After Partnering with Bud Ecosystem to Build Affordable AI Infrastructure for India

Faridabad, October 10, 2025: Netweb Technologies Limited’s share price is on the rise today, after the company announced that it has created a strategic partnership with Bengaluru-based Bud Ecosystem to co-develop affordable, localised AI infrastructure solutions for India. As of 10:35 AM, the shares of the company were up by 2.46%, or 97.40 points, and were trading at ₹4,061. Until now, the shares of the company have traded within a range of ₹4,125.90 and ₹3,821. The traded volume stood at 20.74 lakh shares, with the company’s market cap at ₹22,455 crore. The shares have their 52-week high of ₹4,479 and ₹1,251.55.

Netweb Technologies Limited is an Indian company that provides High-end Computing Solutions (HCS). It was established in 1999 and is headquartered in Faridabad, Haryana. The shares of the company are listed on NSE with the ticker symbol NETWEB and on BSE with the code 543945.

Key Trigger: Partnership With Bud Ecosystem

The rise in the share price comes after the company announced that it has created a strategic partnership with Bengaluru-based Bud Ecosystem to co-develop affordable, localised AI infrastructure solutions for India. The partnership will allow both companies to build scalable and energy-efficient AI systems. These systems will be tailored for sectors such as education, healthcare, retail, agriculture, and small businesses.

The partnership will focus on developing AI-in-a-Box pre-configured systems. They will integrate hardware and software for environments with limited connectivity or technical resources. These modular systems will allow customers to start with CPU-based configurations and then upgrade to GPU or accelerator-based setups as per future requirements.

Reinforces Vision For Building Trusted, Scalable and Inclusive Computing Infrastructure

Swastik Chakraborty, VP – Technology, Netweb Technologies, said, “Our collaboration with Bud Ecosystem reinforces our vision of building trusted, scalable, and inclusive computing infrastructure for India’s digital growth. Together, we are making AI accessible where it matters most — across communities, institutions, and enterprises.”

Linson Joseph, CSO, Bud Ecosystem, remarked, “This partnership brings together Bud’s AI software expertise and Netweb’s hardware engineering strength. Our mission is to make advanced AI truly deployable anywhere — from urban centers to rural India.”

Improving Netweb’s AI Position

The partnership will allow Netweb to improve its position in India’s AI hardware ecosystem. It will allow the company to contribute to national initiatives like IndiaAI and Make-in-India. The partnership will focus on reducing the cost and complexity of AI adoption.

REF: https://nsearchives.nseindia.com/corporate/NETWEB1234_09102025080239_Press_Release_Intimation.pdf

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