It was a hot summer afternoon on May 7 in Delhi and Tarun Dua, founder, and CEO of E2E Networks, a cloud servicing company, decided he wanted to go for lunch. He asked his chief technological officer (CTO), Mohamed Imran, if he would accompany him, and together they set out for a restaurant in Nehru Place, New Delhi.
One can only guess what was going through Tarun’s mind as he traveled in the metro — his nine-year-old company, which recently listed its IPO on NSE’s Emerge platform, had been subscribed FIVE times!
Tarun recalls the day as being a series of blurs, he remembers having chicken tikka, a dish allowed in his Keto diet which he follows from time to time. After lunch, Tarun and Imran headed back to work. On reaching the office, they discovered that their company’s stock was getting hotter than the blistering heat outside which was touching 40 degree Celsius.
“After we came back, we found it was 15x and in another 5-10 minutes, it was 40x, and in another five minutes, it was 70x! Suddenly, in the final two hours of trading, our stock really blew up,” Tarun tells Inc42.
The joy in his voice is obvious but one gets a sense that it is measured. “We were not expecting that kind of response and, till the last day, we were worried about whether the issue would get filled or if we would find ourselves in a situation where we would have to call up people and ask them to apply,” Tarun laughs.
E2E Networks, which came into being in 2009, is a solid-state drive (SSD) cloud startup which offers private and public CloudOps platforms. In simpler terms, the startup helps companies shift their operations to the cloud and manage them. The cloud startup claims to support more than 2,000 public clouds across the world.