About Cloud Cover
Cloud Cover is a Technology company based in Pune (India) founded in 2010 by Vishal Parpia and Dhruv Parpia, and was acquired by ST Telemedia in March 2020. Cloud services are delivered by CloudCover from Pune, India. The company has 250 employees. Its Indian entity Ollion Consultancy Private Limited reported revenue of ₹57.36 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.
Company details
CloudCover was established in 2010 in Pune, India, within the cloud computing sector. Operations are centered on providing infrastructure and software services to businesses. The company is led by co-founders Vishal Parpia as CTO and Dhruv Parpia as Director, alongside Executive Director Percy Juor Shadrach. Services encompass data storage, computing resources, and application hosting, with the domain cldcvr.com utilized for online presence. Activities are managed primarily from the Indian base.
- Headquarters Pune, India
- Employees 250
- Founders Vishal Parpia, Dhruv Parpia
- Stage Acquired
- SectorsTechnology
- Website cldcvr.com
- Social LinkedIn
- Acquired by ST Telemedia (Mar 2020)
- Legal Name Ollion Consultancy Private Limited
- Date of Incorporation 19 Jan, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹57.36 Cr
FY 2025 · -21% YoY
- Net Profit₹2.69 Cr
FY 2025 · 5% margin
- EBITDA₹4.08 Cr
FY 2025 · 7% margin
- Investors
- Employee Count250
- Acquired byST Telemedia
(Mar 2020)
Associated legal entities of Cloud Cover
Cloud Cover operates through Ollion Consultancy 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 |
|---|---|---|---|---|---|---|---|
| Ollion Consultancy Private Limited CIN U74900PN2015PTC153774 | Active | 19 Jan 2015 | Pune, Maharashtra | ₹57.4 Cr | 250 | 2 | View details |
Investors in Cloud Cover
Cloud Cover has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ST Telemedia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ST Telemedia is engaged in communications, data centres, and infrastructure technology investments globally. | sttelemedia.com | Singapore, Singapore |
Investor details for Cloud Cover
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Board of directors of Ollion Consultancy Private Limited (Cloud Cover)
Ollion Consultancy Private Limited is the primary company behind Cloud Cover. The board of Ollion Consultancy Private Limited currently have 2 directors; the longest-serving is Ivy Chai Chin Liew, appointed in 2024. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ivy Chai Chin Liew DIN 10689994 | Director | 22 Jul 2024 | 2 yrs 3 mo | Ollion Consultancy Private Limited |
| Rohit Narendra Lohade DIN 07012323 | Director | 31 Jul 2024 | 2 yrs 3 mo | Ollion Consultancy Private Limited |
People of Cloud Cover
3 people are tracked at Cloud Cover (3 in leadership); the tracked headcount is 250.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & Director | Leadership | |
| Executive Director | Leadership |
Complete people profiles for Cloud Cover
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Financials of Cloud Cover
Figures of Ollion Consultancy Private Limited, the primary company behind Cloud Cover, for FY 2025. Revenue was ₹57.36 Cr (-21% year on year). Net profit was ₹2.69 Cr (5% margin). EBITDA was ₹4.08 Cr (7% margin). Revenue has grown at a compounded annual rate of +3% over three years and +9% over five years.
- ₹57.36 CrRevenue · FY 2025 · -21% YoY
- ₹2.69 CrNet profit · 5% margin
- ₹4.08 CrEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- 250Employees (provident fund records)
- +3%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ollion Consultancy Private Limited are on its company page.
Detailed financial statements for Cloud Cover
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Timeline of Cloud Cover
2 dated milestones of Cloud Cover across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Cloud Cover is founded.
- Exit Acquired by ST Telemedia.
Competitors of Cloud Cover
Cloud Cover has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Cloud Cover
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Related news about Cloud Cover
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Frequently Asked Questions about Cloud Cover
Cloud Cover was founded in 2010.
Cloud Cover is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Cloud Cover has 250 employees.
The primary company behind Cloud Cover, Ollion Consultancy Private Limited, reported revenue of ₹57.36 Cr for FY 2025, down 21% year on year.
CloudCover was established in 2010 in Pune, India, within the cloud computing sector. Operations are centered on providing infrastructure and software services to businesses. The company is led by co-founders Vishal Parpia as CTO and Dhruv Parpia as Director, alongside Executive Director Percy Juor Shadrach. Services encompass data storage, computing resources, and application hosting, with the domain cldcvr.com utilized for online presence. Activities are managed primarily from the Indian base.
Cloud Cover's top competitors include Happiest Minds and Datamatics.
Cloud Cover has 1 investor. Key investors include ST Telemedia.
Cloud Cover operates through Ollion Consultancy Private Limited.
Yes. Cloud Cover was acquired by ST Telemedia in March 2020.
The legal entities of Cloud Cover currently have 2 directors, including Rohit Narendra Lohade, Ivy Chai Chin Liew.