About Blazeclan
Blazeclan is a company based in Pune (India) founded in 2010 by Gurmeet Singh, Varoon Rajani, and Veeraj Thaploo was acquired by ITC Infotech in April 2024. Blazeclan has raised $1.77 million across 2 funding rounds from investors including ITC Infotech, Naman Ashokbhai Popat and Gopinath Latpate. The company has 621 employees as of July 12, 2024. Blazeclan operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Pune, India
- Employees 621 as on 12 Jul, 2024
- Founders Gurmeet Singh, Varoon Rajani, Veeraj Thaploo
- Stage Minicorn
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Sectors
Business ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Blazeclan Technologies Private Limited
- Date of Incorporation 25 May, 2010
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$30.01 M (USD)28.24as on Mar 31, 2023
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Net Profit
$1.85 M (USD)108.42as on Mar 31, 2023
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EBITDA
$3.04 M (USD)119.05as on Mar 31, 2023
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Total Equity Funding
$1.77 M (USD)
in 2 rounds
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Latest Funding Round
$1.47 M (USD), Angel Round
Aug 01, 2020
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Investors
ITC Infotech
& 11 more
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Employee Count
621
as on Jul 12, 2024
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Acquired by
ITC Infotech
(Apr 18, 2024)
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People of Blazeclan
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Software Development Team
4 people
Leadership Team
3 people
Head Team
1 people
Managing Team
1 people
Cloud Team
1 people
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Funding Insights of Blazeclan
Blazeclan has successfully raised a total of $1.77M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $1.47 million completed in August 2020. 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.
Investors in Blazeclan
Blazeclan has secured backing from 12 investors, including angel investors. Prominent investors backing the company include ITC Infotech, Naman Ashokbhai Popat and Gopinath Latpate.
| Investor | Description | Founded Year | Domain | Location |
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Naman Ashokbhai Popat |
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Gopinath Latpate |
Angel investor and tech leader, ex-Amazon, focused on Indian startups
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SK
Shashwat Kumar |
Angel investor and entrepreneur, focused on tech startups, ex-Urban Company.
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Investor details for Blazeclan
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Investments & Acquisitions by Blazeclan
Investment portfolio details for Blazeclan
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Financial Statements - Blazeclan
Detailed financials for Blazeclan
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Blazeclan Comparisons
Peer comparison for Blazeclan
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Competitors of Blazeclan
Blazeclan 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 UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multi-access edge networking computing platform is provided for mobile services.
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Detailed competitors of Blazeclan
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Latest news on Blazeclan
Complete news archive for Blazeclan
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Frequently Asked Questions about Blazeclan
Blazeclan was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Blazeclan is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Varoon Rajani is the current CEO of Blazeclan. They have also founded this company.
Blazeclan is a funded company, having raised a total of $1.77M across 2 funding rounds to date.
As of Jul 12, 2024, the latest employee count at Blazeclan is 621.
Annual revenue of Blazeclan is $30.01M as on Mar 31, 2023.
Provider of cloud consulting, DevOps, and digital transformation services. It offers a range of services, include cloud advisory migration, application assessment, data analytics, BI modernization, SaaS Product Development, Managed IT, and Infrastructure Security.
Blazeclan's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Blazeclan has 12 investors. Key investors include ITC Infotech, Naman Ashokbhai Popat, Gopinath Latpate, Shashwat Kumar, and Priyanka Varoon Rajani.
The valuation of Blazeclan is $19.34M as of Aug 2020.