Seroda Ventures Acquires Majority Stake in Google Cloud Pure-Play Boutique Evonence, Merges with Cloudnyx.ai to Create Google Powerhouse
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SCOTTSDALE, Ariz., Aug. 14, 2025 ~ Seroda Ventures, a premier technology investment and incubation firm led by Vijay Rao, has announced its majority investment in Evonence, a Google Cloud consulting firm. This strategic move will see Evonence merge with Cloudnyx.ai, a system integrator incubated by Seroda with expertise in Google Cloud.

The newly combined entity will be led by Vijay Shah, Founder and CEO of Evonence, who will serve as the CEO under the Cloudnyx.ai brand. This merger brings together Evonence's impressive track record of serving over 1,500 clients and completing more than 100 engagements with Cloudnyx.ai's innovative approach to generative AI and API architectures. It further solidifies Seroda Ventures' commitment to developing next-generation service providers in high-growth cloud ecosystems.

Cloudnyx.ai offers end-to-end capabilities across various Google Cloud technologies such as BigQuery, Vertex AI, Google Workspace with Gemini, Apigee orchestration, and secure cloud modernization. This makes it well-equipped to meet the evolving demands of digital-native enterprises on Google Cloud.

Vijay Shah expressed his excitement about joining forces with Seroda Ventures, stating that it marks a transformational moment for their team. He believes that this partnership will not only amplify their momentum but also accelerate their ability to deliver breakthrough outcomes for clients within the Google Cloud ecosystem. He also sees Seroda's track record of scaling boutique SIs as an opportunity to elevate both their brand and execution capabilities for future growth.

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Vijay Rao, Managing Partner at Seroda Ventures, shared his belief in the power of aligning great founders with great platforms. He sees this merger as an opportunity to create a stronger and more focused team that is dedicated to driving value for Google Cloud users.

With Seroda's strategic investment backing them up, Cloudnyx.ai is poised to become a differentiated player in the Google Cloud ecosystem. They will offer a full suite of consulting services, including data warehouse modernization, AI/ML implementation, secure cloud architecture, and managed services.

Seroda Ventures is a leading investment and incubation firm that specializes in scaling high-growth IT services companies into industry leaders. With their expertise in AI, cloud, automation, and enterprise technology modernization, they partner with visionary founders to accelerate growth and create long-term market impact. In just five years, Seroda has successfully built and exited two category-defining firms, showcasing their ability to drive value and deliver results. Today, they continue to shape the future of enterprise technology services.

Cloudnyx.ai is a Google Cloud boutique that focuses on enterprise AI modernization and cloud-native transformation. They help organizations modernize infrastructure, operationalize AI, and accelerate innovation across the enterprise. With their deep expertise in data engineering, MLOps, governance, and GenAI integration, they deliver end-to-end solutions that turn complex cloud and AI initiatives into lasting business outcomes.

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Evonence (now part of Cloudnyx.ai) was founded in 2014 and is headquartered in Columbus, Ohio. As a Google Cloud partner specializing in delivering end-to-end solutions for clients across various industries such as healthcare, retail, e-commerce, finance, manufacturing, and business services. They remain committed to Google Cloud and are continuously expanding their presence in the cloud and application development space.

This strategic investment by Seroda Ventures further solidifies their position as a key player in the high-growth cloud ecosystem. With the merger of Evonence and Cloudnyx.ai under Vijay Shah's leadership as CEO of the combined entity, they are well-positioned to drive value for Google Cloud users through their innovative approach to AI modernization and cloud-native transformation.

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