About CloudExtel
CloudExtel is a Telecommunications company based in Mumbai (India) founded in 2014 by Asish Jalan and Kunal Bajaj, and was acquired by Macquarie Capital in May 2023. Provider of wireless wire line telecommunications. The company has 81 employees. Its chief executive, as recorded, is Kunal Bajaj. Its Indian entity Excel Telesonic India Private Limited reported revenue of ₹224 Cr. CloudExtel offers products and services including Small Cell Hosting and FTTH. Its focus areas include Telecom and Telecom Infrastructure.
Company details
CloudExtel was established in 2014 in Mumbai, India, within the telecommunications sector. Wireless and wireline services are delivered to telecom operators, internet service providers, data centers, enterprises, and content providers. Operations focus on managing increased data demands through 4G network enhancements and 5G adoption. Connectivity is supported via fiber-optic infrastructure, enabling internet access for residential and business users across relevant regions.
- Headquarters Mumbai, India
- Employees 81
- Founders Asish Jalan, Kunal Bajaj
- Stage Acquired
- SectorsTelecommunications
- Email••••••••
- Phone•••• ••••
- Website cloudextel.com
- Social LinkedIn X YouTube
- Acquired by Macquarie Capital (May 2023)
- Legal Name Excel Telesonic India Pvt. Ltd.
- Date of Incorporation 31 Aug, 2010
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹224 Cr
FY 2025 · +35% YoY
- Net Loss-₹16.12 Cr
FY 2025 · -7% margin
- EBITDA₹57.36 Cr
FY 2025 · 26% margin
- Latest Funding Round$22.42M (USD), Debt – Conventional
Nov 2025
- InvestorsAditya Birla Capital
& 4 more
- Employee Count81
- Acquired byMacquarie Capital
(May 2023)
Associated legal entities of CloudExtel
CloudExtel operates through Excel Telesonic India 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 |
|---|---|---|---|---|---|---|---|
| Excel Telesonic India Private Limited CIN U74999MH2010PTC207323 | Active | 31 Aug 2010 | Mumbai, Maharashtra | ₹224 Cr | 81 | 10 | View details |
Products & Services of CloudExtel
CloudExtel offers a comprehensive portfolio of products and services, including Small Cell Hosting and FTTH.
Small cell hosting is utilized to enhance connectivity in high-density areas with improved signal strength and capacity.
FTTH is employed to deliver high-speed internet directly to homes, connecting devices for better network access.
Apps and channels of CloudExtel
its YouTube channel CloudExtel has 29 subscribers and 5 videos.
Videos from CloudExtel
The most watched videos on CloudExtel's YouTube channel, CloudExtel (29 subscribers). Click a video to play it here.
More on CloudExtel.
Funding Insights of CloudExtel
- Total Rounds 3
- Last Round Debt – Conventional — $22.42M
- Investors Count 4
All 3 funding rounds of CloudExtel 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 |
|---|---|---|---|---|---|
| Nov 2025 | $22.42M | Debt – Conventional | – | – | |
| Apr 2024 | $24M | Debt – Conventional | – | – | |
| Oct 2023 | Seed | – | – |
5 investors in total: 5 institutional.
Investors in CloudExtel
CloudExtel has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Aditya Birla Capital, NIIF IFL and Advencap.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Advencap is focused on investing in digital infrastructure businesses. | 2020 | advencap.com | London, United Kingdom | |
Finances operating infrastructure projects through debt funding. | 2014 | niififl.in | Mumbai, India | |
Diversified financial services including investment, insurance, and lending are offered. | 2007 | adityabirlacapital.com | Mumbai, India | |
Venture Capital firm backed by Macquarie Bank | macquarie.com/au/en/about/company/macquarie-capital/macquarie-capital-venture-studio.html | Sydney, Australia | ||
A global financial services organization with Australian heritage is operated. | macquarie.com |
Investor details for CloudExtel
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 Excel Telesonic India Private Limited (CloudExtel)
Excel Telesonic India Private Limited is the primary company behind CloudExtel. The board of Excel Telesonic India Private Limited currently have 8 directors; the longest-serving is Ashish Sushil Jalan, appointed in 2013. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ashish Sushil Jalan DIN 00031311 | Director | 26 Jul 2013 | 13 yrs 3 mo | Excel Telesonic India Private Limited |
| Naveen Lal Chopra DIN 05307614 | Director | 04 Jul 2021 | 5 yrs 3 mo | Excel Telesonic India Private Limited |
| Ivan David Varughese DIN 10052204 | Director | 11 May 2023 | 3 yrs 5 mo | Excel Telesonic India Private Limited |
| Maheep Jain DIN 07884615 | Director | 11 May 2023 | 3 yrs 5 mo | Excel Telesonic India Private Limited |
| Kunal Bajaj DIN 00367842 | Director | 13 May 2023 | 3 yrs 5 mo | Excel Telesonic India Private Limited |
| Abel Daniel Schoeman DIN 10337807 | Director | 29 Sep 2023 | 3 yrs | Excel Telesonic India Private Limited |
| Richard John Tunstall DIN 10337820 | Director | 29 Sep 2023 | 3 yrs | Excel Telesonic India Private Limited |
| Oliver James Bradley DIN 10041720 | Director | 26 Sep 2024 | 2 yrs 1 mo | Excel Telesonic India Private Limited |
People of CloudExtel
2 people are tracked at CloudExtel (2 in leadership); the tracked headcount is 81.
| Name | Role | Group |
|---|---|---|
Asish Jalan | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for CloudExtel
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 CloudExtel
Figures of Excel Telesonic India Private Limited, the primary company behind CloudExtel, for FY 2025. Revenue was ₹224 Cr (+35% year on year). Net loss was -₹16.12 Cr (-7% margin). EBITDA was ₹57.36 Cr (26% margin).
- ₹224 CrRevenue · FY 2025 · +35% YoY
- -₹16.12 CrNet loss · -7% margin
- ₹57.36 CrEBITDA · 26% margin
- ₹9.5 LakhPaid-up capital
- 81Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Excel Telesonic India Private Limited are on its company page.
Detailed financial statements for CloudExtel
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 CloudExtel
4 dated milestones of CloudExtel across 11 years, from founding to its latest funding, stage changes and deals.
- Founded CloudExtel is founded.
- Exit Acquired by Macquarie Capital.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $22.4M.
Web traffic of CloudExtel
The website of CloudExtel (cloudextel.com) receives about 2K visits a month.
- Monthly visits2K
▲ 48.6% vs previous month
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Related news about Cloudextel
Complete news archive for CloudExtel
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Frequently Asked Questions about CloudExtel
CloudExtel was founded in 2014 and raised its 1st funding round 9 years after it was founded.
CloudExtel is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kunal Bajaj is the CEO of CloudExtel, as recorded in our data. They have also founded this company.
CloudExtel has 81 employees.
The primary company behind CloudExtel, Excel Telesonic India Private Limited, reported revenue of ₹224 Cr for FY 2025, up 35% year on year.
CloudExtel was established in 2014 in Mumbai, India, within the telecommunications sector. Wireless and wireline services are delivered to telecom operators, internet service providers, data centers, enterprises, and content providers. Operations focus on managing increased data demands through 4G network enhancements and 5G adoption. Connectivity is supported via fiber-optic infrastructure, enabling internet access for residential and business users across relevant regions.
CloudExtel offers Small Cell Hosting and FTTH.
CloudExtel has 5 investors. Key investors include Aditya Birla Capital, NIIF IFL, Advencap, Macquarie Capital, and Macquarie Group.
CloudExtel operates through Excel Telesonic India Private Limited.
Yes. CloudExtel was acquired by Macquarie Capital in May 2023.
The legal entities of CloudExtel currently have 9 directors, including Ashish Sushil Jalan, Naveen Lal Chopra, Balkishan Chandak and others.