New Delhi, Oct. 21 -- Mumbai,

Bengaluru :

Unfazed by top conglomerates piling into data centres and buoyed by a successful public listing, Nashik-headquartered ESDS Software Solution Ltd is betting on renting out high-performance chips-critical to running artificial intelligence (AI)-to reach $5 billion in annual revenue within the next five fiscal years.

In an interview with Mint, Piyush Somani, chairman and managing director of ESDS, said even if the company "captures just 1% of the market over the next five years, our revenue would have crossed $5 billion".

"Our aspiration is not to capture 50% of the market. That is how big the market is," Somani added.

On 4 September, ESDS Software Solution went public with one of the steepest s...