Databricks Sees Over 80% Growth in India Amidst AI Demand Surge

Databricks, a leading Data and AI company, today announced a significant growth of over 80% in its India business over the past two fiscal years, fueled by the rising demand for data and AI capabilities among Indian enterprises.

To support this growing customer base, Databricks has launched its infrastructure on Google Cloud’s India (Mumbai) region, enhancing the availability of the Databricks Data Intelligence Platform. This move, coupled with the establishment of an R&D hub in Bangalore last year, underscores Databricks' deepening commitment to the Indian market.

Globally, Databricks achieved over US$1.6 billion in revenue for the fiscal year ending January 31, marking a 50% year-on-year growth attributed to rapid product innovation. The company has also expanded its portfolio through acquisitions, including MosaicML, Arcion, Okera, Einblick, and Rubicon, positioning itself as a leading platform for enterprises to harness generative AI securely with their proprietary data.

"Over the past two years, we have witnessed an increase in the demand for data and AI solutions across India from all industries, including FSI, retail, manufacturing, and digital natives. This remarkable momentum not only highlights the enterprise AI boom in India but also reinforces our commitment to empowering local businesses with data and AI capabilities,” said Anil Bhasin, Vice President, and Country Manager for Databricks India.

Ed Lenta, SVP and General Manager for Databricks in Asia Pacific and Japan, emphasised the importance of the Indian market, stating, "India is a key market for us and we’re pleased that so many of its leading enterprises and tech-driven startups have chosen Databricks to support their data and AI journey. To meet this growing demand, we’re doubling down on our investments in India."

Indian customers such as Air India, Aditya Birla Fashion and Retail Ltd., CommerceIQ, Freshworks, InMobi, Meesho, Myntra, Parle, UPL, and many others are leveraging the Databricks Data Intelligence Platform to drive business innovation, optimise operations, and enhance decision-making.

Databricks also kicked off its Data Intelligence Days in India, a flagship event in Bangalore that brings together leaders in data and AI to explore innovative ways to unlock data insights and develop GenAI applications while maintaining data privacy and control.