About Cloud Cover
Cloud Cover is a company based in Pune (India) founded in 2010 by Vishal Parpia and Dhruv Parpia was acquired by ST Telemedia in March 2020.. The company has 250 employees as of March 28, 2024. Cloud Cover operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pune, India
- Employees 250 as on 28 Mar, 2024
- Founders Vishal Parpia, Dhruv Parpia
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Ollion Consultancy Private Limited
- Date of Incorporation 19 Jan, 2015
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$6.35 M (USD)35.53as on Mar 31, 2022
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Net Profit
$533.23 K (USD)723.72as on Mar 31, 2022
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EBITDA
$879.65 K (USD)1326.04as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
250
as on Mar 28, 2024
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Acquired by
ST Telemedia
(Mar 10, 2020)
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Funding Insights of Cloud Cover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cloud Cover
Cloud Cover has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ST Telemedia. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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ST Telemedia is engaged in communications, data centres, and infrastructure technology investments globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cloud Cover
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cloud Cover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cloud Cover Comparisons
Competitors of Cloud Cover
Cloud Cover 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 Accenture, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cloud Cover
Frequently Asked Questions about Cloud Cover
When was Cloud Cover founded?
Cloud Cover was founded in 2010.
Where is Cloud Cover located?
Cloud Cover is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
How many employees does Cloud Cover have?
As of Mar 28, 2024, the latest employee count at Cloud Cover is 250.
What is the annual revenue of Cloud Cover?
Annual revenue of Cloud Cover is $6.35M as on Mar 31, 2022.
What does Cloud Cover do?
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.
Who are the top competitors of Cloud Cover?
Cloud Cover's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Who are Cloud Cover's investors?
Cloud Cover has 1 investor. Key investors include ST Telemedia.
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