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. ActOnCloud operates in a competitive market with competitors including Datadog, VMware, Nutanix, Flexera and AvePoint, among others.
- Headquarter Mumbai, India
- Employees 26
- SectorsTechnology
- Email••••••••
- Website actoncloud.com
- Social LinkedIn X Facebook
- Acquired by Netmagic Solutions (Feb 2018)
- Legal Name Netmagic Solutions Private Limited
- Date of Incorporation 30 Jul, 1998
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3,325 Cr
FY 2025 · +18% YoY
- Net Profit₹109 Cr
FY 2025 · 3% margin
- EBITDA₹1,386 Cr
FY 2025 · 42% margin
- Total Equity Funding$124K (USD)
in 1 rounds
- Latest Funding Round$124K (USD), Seed
Feb 2016
- Investors
- Employee Count26
- Acquired byNetmagic Solutions
(Feb 2018)
Associated legal entities of ActOnCloud
ActOnCloud operates through Netmagic Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Netmagic Solutions Private Limited CIN U73900MH1998PTC116053 | Active | 30 Jul 1998 | Mumbai, Maharashtra | ₹3,325 Cr | 26 | 5 | View details |
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 $124,000
- Total Rounds 1
- Last Round Seed — $124,000
- First Round $124,000
(Feb 2016)
All 1 funding rounds of ActOnCloud with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $124,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in ActOnCloud
ActOnCloud has secured backing from 1 investor. Prominent investors backing the company include Netmagic Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Data center colocation and cloud infrastructure services are provided. | 1999 | netmagicsolutions.com | Mumbai, India |
Investor details for ActOnCloud
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Netmagic Solutions Private Limited (ActOnCloud)
Netmagic Solutions Private Limited is the primary company behind ActOnCloud. The board of Netmagic Solutions Private Limited currently have 4 directors; the longest-serving is Yogesh Martand Vaidya, appointed in 2018. 22 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yogesh Martand Vaidya DIN 00334078 | Director | 23 Mar 2018 | 8 yrs 6 mo | Netmagic Solutions Private Limited |
| Shekhar Sharma DIN 08342278 | Director | 06 Feb 2019 | 7 yrs 8 mo | Netmagic Solutions Private Limited |
| Moiz Mohd Husain Vaswadawala DIN 09589505 | Additional Director | 01 May 2026 | 5 mo | Netmagic Solutions Private Limited |
| Vimal Jyoti Kaw DIN 11685750 | Additional Director | 01 May 2026 | 5 mo | Netmagic Solutions Private Limited |
Financials of ActOnCloud
Figures of Netmagic Solutions Private Limited, the primary company behind ActOnCloud, for FY 2025. Revenue was ₹3,325 Cr (+18% year on year). Net profit was ₹109 Cr (3% margin). EBITDA was ₹1,386 Cr (42% margin).
- ₹3,325 CrRevenue · FY 2025 · +18% YoY
- ₹109 CrNet profit · 3% margin
- ₹1,386 CrEBITDA · 42% margin
- ₹43.14 CrPaid-up capital
- 26Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Netmagic Solutions Private Limited are on its company page.
Detailed financial statements for ActOnCloud
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of ActOnCloud
3 dated milestones of ActOnCloud across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ActOnCloud is founded.
- Funding First funding round of $124K.
- Exit Acquired by Netmagic Solutions.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datadoghq.com | 2010 | New York, United States | $147.19M | 2,400 | Cloud and application performance management platform is provided. | |
| vmware.com | 1998 | Palo Alto, United States | $595.83M | – | Cloud orchestration solutions are provided for multi-cloud and device applications. | |
| nutanix.com | 2009 | San Jose, United States | $317.2M | 8,239 | AI-powered cloud management software is delivered for enterprises. | |
| flexera.com | 2008 | Itasca, United States | $5.76M | 755 | Cloud management solutions are delivered via an online IT platform. | |
| avepoint.com | 2001 | Jersey, United States | $90M | 303 | Cloud based platform offering data backup and recovery solutions | |
| anodot.com | 2014 | – | $64M | – | AI based cost management platform | |
| signalfx.com | 2013 | San Francisco, United States | $157M | 178 | Cloud-based monitoring solutions for infrastructure and applications are provided. | |
| upbound.io | 2017 | San Francisco, United States | $69M | – | Multi-cloud platform enables running, scaling, and optimization of cloud services. |
Detailed competitors of ActOnCloud
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of ActOnCloud
Websites that share an audience with ActOnCloud (actoncloud.com).
Websites whose visitors overlap most with ActOnCloud. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| feedly.com | 100% | 14.4M | #3,340 | View details | |
| linkedin.com | 85% | 1.9B | #18 | View details | |
| google.com | 83% | 85.8B | #1 | View details |
Latest news on Actoncloud
Complete news archive for ActOnCloud
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to ActOnCloud
10 companies that operate in the same segment as ActOnCloud (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about ActOnCloud
ActOnCloud was founded in 2014 and raised its 1st funding round 2 years after it was founded.
ActOnCloud is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
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 2016.
ActOnCloud has 26 employees.
The primary company behind ActOnCloud, Netmagic Solutions Private Limited, reported revenue of ₹3,325 Cr for FY 2025, up 18% year on year.
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.
ActOnCloud has 1 investor. Key investors include Netmagic Solutions.
ActOnCloud operates through Netmagic Solutions Private Limited.
Yes. ActOnCloud was acquired by Netmagic Solutions in February 2018.
The legal entities of ActOnCloud currently have 5 directors, including Moiz Mohd Husain Vaswadawala, Yogesh Martand Vaidya, Shekhar Sharma and others.