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. 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
- Founders Gurmeet Singh, Varoon Rajani, Veeraj Thaploo
- Stage Minicorn
- SectorsBusiness ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website blazeclan.com
- Social LinkedIn X Facebook
- Acquired by ITC Infotech (Apr 2024)
- Legal Name Blazeclan Technologies Private Limited
- Date of Incorporation 25 May, 2010
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹120 Cr
FY 2025 · -5% YoY
- Net Loss-₹22.84 Cr
FY 2025 · -19% margin
- EBITDA-₹18.43 Cr
FY 2025 · -15% margin
- Total Equity Funding$1.77M (USD)
in 2 rounds
- Latest Funding Round$1.47M (USD), Angel Round
Aug 2020
- InvestorsITC Infotech
& 11 more
- Employee Count621
- Acquired byITC Infotech
(Apr 2024)
Associated legal entities of Blazeclan
Blazeclan operates through Blazeclan Technologies 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 |
|---|---|---|---|---|---|---|---|
| Blazeclan Technologies Private Limited CIN U72100PN2010PTC136385 | Active | 25 May 2010 | Pune, Maharashtra | ₹120 Cr | 621 | 5 | View details |
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.
- Total Funding $1.77M
- Total Rounds 2
- Last Round Angel Round — $1.47M
- First Round $297,408
(Aug 2016)
- Investors Count 11
All 2 funding rounds of Blazeclan 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 |
|---|---|---|---|---|---|
| Aug 2020 | $1.47M | Angel Round | $19.34M | Naman Ashokbhai Popat | |
| Aug 2016 | $297,408 | Angel Round | $1.95M | Naman Ashokbhai Popat, Priyanka Varoon Rajani | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2020 | $19.34M | •••••••• |
| Aug 2016 | $1.95M | •••••••• |
Last known valuation $19.34M (Aug 2020). 12 investors in total: 1 institutional and 11 angel.
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 |
|---|---|---|---|---|
NA Naman Ashokbhai Popat | - | – | unknown_c62b4c4b07cc44479 | - |
GL Gopinath Latpate | Angel investor and tech leader, ex-Amazon, focused on Indian startups | – | unknown_7b933c502dbc47c49 | - |
SK Shashwat Kumar | Angel investor and entrepreneur, focused on tech startups, ex-Urban Company. | – | unknown_1fa9958b33ae497ea | - |
PV Priyanka Varoon Rajani | - | – | unknown_95486af419fa447aa | - |
SB Sanjay Bhat | Angel investor, ex-Google, focused on early-stage Indian startups | – | unknown_4e46fd2a2f2f4df5a | - |
KW Kunal Walia | - | – | unknown_681ea87fd2bb4c5a8 | - |
RK Rakesh Kacker | - | – | unknown_30c8129b971e48b99 | - |
GL Gopinath Latpate | - | – | unknown_8b4c99bba95b45559 | - |
SK Shashwat Kumar | - | – | unknown_bc2ff5dc59c14b86b | - |
RK Rakesh Kacker | - | – | unknown_05963de84dfd4bbfa | - |
Investor details for Blazeclan
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Blazeclan Technologies Private Limited (Blazeclan)
Blazeclan Technologies Private Limited is the primary company behind Blazeclan. The board of Blazeclan Technologies Private Limited currently have 3 directors; the longest-serving is Hetal Prakash Desai, appointed in 2024. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hetal Prakash Desai DIN 10644392 | Director | 01 Oct 2024 | 2 yrs | Blazeclan Technologies Private Limited |
| Bappaditya Ray Chaudhuri DIN 07125295 | Director | 17 Jul 2025 | 1 yr 2 mo | Blazeclan Technologies Private Limited |
| Manas Chakraborty DIN 11189977 | Director | 17 Jul 2025 | 1 yr 2 mo | Blazeclan Technologies Private Limited |
People of Blazeclan
10 people are tracked at Blazeclan (9 in leadership, 1 in team); the tracked headcount is 621.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Sanjay Bhat | Head, Service Delivery | Leadership |
Bimal Panchasara | Client Partner at Blazeclan Technologies | Leadership |
Jerome Coenraets | Managing Director, Europe | Leadership |
Abhradip Ray | SU Head, Digital & Cloud Consulting | Leadership |
Amit Bassi | Managing Partner, AU & NZ | Leadership |
Harshal Parulkar | Unit Head, Cloud Managed Services | Leadership |
Kshitij Narvekar | Cloud Engineer | Team |
Complete people profiles for Blazeclan
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Blazeclan
Figures of Blazeclan Technologies Private Limited, the primary company behind Blazeclan, for FY 2025. Revenue was ₹120 Cr (-5% year on year). Net loss was -₹22.84 Cr (-19% margin). EBITDA was -₹18.43 Cr (-15% margin). Revenue has grown at a compounded annual rate of -15% over three years and 0% over five years.
- ₹120 CrRevenue · FY 2025 · -5% YoY
- -₹22.84 CrNet loss · -19% margin
- -₹18.43 CrEBITDA · -15% margin
- ₹11.03 CrPaid-up capital
- 621Employees (provident fund records)
- -15%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Blazeclan Technologies Private Limited are on its company page.
Detailed financial statements for Blazeclan
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Blazeclan
5 dated milestones of Blazeclan across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Blazeclan is founded.
- Funding First funding round of $297K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $1.5M.
- Exit Acquired by ITC Infotech.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $570.12M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of Blazeclan
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of Blazeclan
The website of Blazeclan (blazeclan.com) receives about 6.3K visits a month.
- Monthly visits6.3K
▲ 10.9% vs previous month
Websites whose visitors overlap most with Blazeclan. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| salesforce.com | 100% | 96.5M | #420 | View details | |
| build38.com | 99% | 8.5K | #2,720,630 | View details | |
| zippyops.com | 95% | – | #7,628,276 | View details | |
enreap.com | enreap.com | 95% | – | #3,079,332 | – |
bdccglobal.com | bdccglobal.com | 94% | – | – | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Blazeclan
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Blazeclan
Complete news archive for Blazeclan
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 Blazeclan
10 companies that operate in the same segment as Blazeclan (Digital Transformation & Automation Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | Aliso Viejo, California, United States | USD 250 M | USD 59.61 M | 1,905 | |
Artificial intelligence and analytics solutions are provided for enterprise transformation. | 2000 | New York, New York, United States | USD 685 M | USD 270.83 M | 4,620 | |
Analytics, cybersecurity, and digital transformation services are provided. | 1914 | Mclean, Virginia, United States | USD 2.64 M | USD 11.22 B | 35,800 | |
Enterprise AI models are developed and tuned for business integration. | 2022 | Palo Alto, California, United States | USD 1.53 B | – | 35 | |
Provider of end-to-end business process outsourcing services | 1997 | New York, New York, United States | – | USD 5.08 B | 140,000 | |
IT consulting, data analytics, and digital transformation services are provided. | 1990 | Pune, Maharashtra, India | USD 19.8 M | USD 1.57 B | 24,590 | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Application development, cloud, cybersecurity, and business intelligence services are provided. | 1967 | Koto, Tokyo, Japan | – | USD 31.05 B | 197,780 |
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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. The company's 1st funding round was a Angel Round of $297.41K, raised on Aug 2016.
Blazeclan has 621 employees.
The primary company behind Blazeclan, Blazeclan Technologies Private Limited, reported revenue of ₹120 Cr for FY 2025, down 5% year on year.
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.
Blazeclan operates through Blazeclan Technologies Private Limited.
Yes. Blazeclan was acquired by ITC Infotech in April 2024.