Brands
Govt moves 16.68 lakh email IDs to Zoho cloud platform, spends Rs 180 crore
Rs 180 crore spend backs push for secure, sovereign email system
NEW DELHI: The government has migrated around 16.68 lakh official email accounts to a cloud platform operated by Zoho, with total spending touching Rs 180.10 crore so far, Parliament was informed.
The update was shared by the Ministry of Electronics and Information Technology in the Lok Sabha on April 1, highlighting a steady expansion of the Centre’s push towards a secure, homegrown digital infrastructure.
The migration has been carried out by the National Informatics Centre, which appointed Zoho as the master system integrator following a competitive bidding process on the Government e-Marketplace. The selection included a proof of concept phase involving shortlisted vendors and government users.
At its core, the initiative is aimed at creating a secure and sovereign email ecosystem for ministries and departments, with the government retaining full ownership of data and intellectual property. The shift also reflects a broader push to reduce reliance on global platforms for critical communication infrastructure.
Costs are tied to usage. The government pays between Rs 170 and Rs 300 per account per month, depending on storage capacity, which ranges from 30 GB to 100 GB. Billing is based on the number of active accounts migrated to the system.
The latest numbers mark a significant jump from December, when about 12.68 lakh accounts had been moved, including 7.45 lakh belonging to central government employees. The pace of migration suggests an accelerated rollout across departments in recent months.
With millions of accounts already onboarded, the project signals a clear shift towards digital sovereignty in official communications. As adoption deepens, the focus will likely turn to performance, scalability and user experience, ensuring that security does not come at the cost of efficiency.
Brands
Ambit appoints Skanda Jayaraman as co-head of investment banking business
Leadership rejig sharpens ECM focus and expands sector-led advisory push
MUMBAI: Ambit Private Limited has strengthened its investment banking leadership with the appointment of Skanda Jayaraman as co-head of the division, signalling a sharper push into sector-led advisory and capital markets.
Jayaraman will share leadership responsibilities with Rahul Mody, as the firm looks to scale its advisory franchise and deepen client engagement across industries. The move is part of a broader leadership rejig aimed at expanding Ambit’s reach and execution capabilities in a competitive dealmaking environment.
With more than two decades of experience across fintech, investment banking and credit risk, Jayaraman brings a varied background to the role. He most recently founded Altflow Advisors, where he built a data-driven platform for the BFSI sector and advised mid-market clients on capital raising. Earlier, he served as CEO of Qapita Marketplace in Singapore and held a senior role at Spark Capital Advisors.
Alongside this appointment, Ambit has also realigned internal roles. Vikas Khattar will now focus exclusively on scaling the firm’s equity capital markets business while continuing to deepen its financial sponsors group coverage. The firm sees ECM as a key growth engine, driven by strong scalability and increasing capital market activity.
Commenting on the leadership changes, Ambit Private Limited group CEO Ashok Wadhwa said, “Skanda’s appointment marks an important step in driving the next phase of Ambit’s growth journey. His entrepreneurial mindset and strong execution track record will be instrumental as we partner with emerging and established leaders.”
The new structure is expected to enable more focused, sector-driven engagement, supported by dedicated leadership across key verticals. For Ambit, it is a case of tightening the top deck to play a bigger hand in India’s evolving M&A and capital markets landscape.
