ActOnCloud

Mumbai, India Founded: 2014 • Age: 12 yrs Acquired By Netmagic Solutions
Cloud platform for customer analytics and churn reduction is provided.
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About ActOnCloud

ActOnCloud is a company based in Mumbai (India) founded in 2014 was acquired by Netmagic Solutions in February 2018.. ActOnCloud has raised $124 thousand across 1 funding round from investors including Netmagic Solutions. The company has 26 employees as of December 17, 2024. ActOnCloud operates in a competitive market with competitors including Datadog, VMware, Nutanix, Flexera and AvePoint, among others.

  • Headquarter Mumbai, India
  • Employees 26 as on 17 Dec, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Netmagic Solutions Private Limited
  • Date of Incorporation 30 Jul, 1998
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Enterprise IT Services & Distribution → →
Technology → Cloud, Data & Analytics Infrastructure → →
Key Metrics
  • Annual Revenue
    $330.22 M (USD)
    22.38
    as on Mar 31, 2024
  • Net Profit
    $4.7 M (USD)
    -77.54
    as on Mar 31, 2024
  • EBITDA
    $113.31 M (USD)
    12.18
    as on Mar 31, 2024
  • Total Equity Funding
    $124 K (USD)

    in 1 rounds

  • Latest Funding Round
    $124 K (USD), Seed

    Feb 11, 2016

  • Investors
    Netmagic Solutions
  • Employee Count
    26

    as on Dec 17, 2024

  • Acquired by
    Netmagic Solutions

    (Feb 14, 2018)

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Funding Insights of ActOnCloud

ActOnCloud has successfully raised a total of $124K through 1 strategic funding round. The most recent funding activity was a Seed round of $124 thousand completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $124,000
  • First Round

    (11 Feb 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2016 Amount Seed - ActOnCloud Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in ActOnCloud

ActOnCloud has secured backing from 1 investor. Prominent investors backing the company include Netmagic Solutions. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Netmagic Solutions
Data center colocation and cloud infrastructure services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ActOnCloud

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ActOnCloud

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Actoncloud Comparisons

Employees
+
Add Comparison
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Competitors of ActOnCloud

ActOnCloud operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Datadog, VMware, Nutanix, Flexera and AvePoint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
Datadog
domain founded_year HQ Location
Cloud and application performance management platform is provided.
VMware
domain founded_year HQ Location
Cloud orchestration solutions are provided for multi-cloud and device applications.
Nutanix
domain founded_year HQ Location
AI-powered cloud management software is delivered for enterprises.
Flexera
domain founded_year HQ Location
Cloud management solutions are delivered via an online IT platform.
AvePoint
domain founded_year HQ Location
Cloud based platform offering data backup and recovery solutions
Anodot
domain founded_year HQ Location
AI based cost management platform
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Actoncloud

Frequently Asked Questions about ActOnCloud

When was ActOnCloud founded?

ActOnCloud was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is ActOnCloud located?

ActOnCloud is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Is ActOnCloud a funded company?

ActOnCloud is a funded company, having raised a total of $124K across 1 funding round to date. The company's 1st funding round was a Seed of $124K, raised on Feb 11, 2016.

How many employees does ActOnCloud have?

As of Dec 17, 2024, the latest employee count at ActOnCloud is 26.

What is the annual revenue of ActOnCloud?

Annual revenue of ActOnCloud is $330.22M as on Mar 31, 2024.

What does ActOnCloud do?

ActOncloud, product of ActOnMagic Solutions, provides a cloud platform to enable cloud service providers to identify high risk customers and reduce churn along with providing high value customers with personalized recommendations. Allows for customer understanding through statistics, enabling value added revenue streams and forecasting ROI targets and optimizing usage and up-sell services. Users can build their own dashboards for customer analytics and retention and share it with other employees. Raised seed fund from Jayabalan Subramanian in Feb 2016.

Who are the top competitors of ActOnCloud?

ActOnCloud's top competitors include VMware, Datadog and Nutanix.

Who are ActOnCloud's investors?

ActOnCloud has 1 investor. Key investors include Netmagic Solutions.

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