About Cloudxchange.io
Cloudxchange.io is a Technology company based in Mumbai (India) founded in 2018 by Neelesh Deviprasad Kankane, Nilesh Mohan Rane, and Vishal Vasant Chandane, and was acquired by American Premium Mining Corporation in May 2022. Cloud services are provided by Cloudxchange.io to businesses. Cloudxchange.io has raised $351.17 thousand across 2 funding rounds from investors including NSEIT, Chandra Prakash Tiwari and American Premium Mining Corporation. The company has 1,016 employees. Cloudxchange.io was last valued at $1.8 million in June 2019. Its chief executive, as recorded, is Vishal Vasant Chandane. Its Indian entity Nusummit Technologies Private Limited reported revenue of ₹502 Cr. Cloudxchange.io offers products and services including Cloud Consulting, Cloud Migration, and Unified Managed Services. Its focus areas include Business Services, IT Services and Cloud.
Company details
Cloudxchange.io was established in 2018 and is headquartered in Mumbai, India. Cloud computing solutions, including infrastructure management and data storage, are offered within the technology sector. Operations focus on delivering scalable services to support enterprise needs across various regions. The team is led by founders and a CEO with relevant experience, ensuring structured oversight in service provision.
- Headquarters Mumbai, India
- Employees 1,016
- Founders Neelesh Deviprasad Kankane, Nilesh Mohan Rane, Vishal Vasant Chandane
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website cloudxchange.io
- Social LinkedIn X Facebook YouTube
- Acquired by American Premium Mining Corporation (May 2022)
- Legal Name Nusummit Technologies Private Limited
- Date of Incorporation 16 Oct, 2015
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹502 Cr
FY 2025 · +105% YoY
- Net Profit₹32.08 Cr
FY 2025 · 6% margin
- EBITDA₹41.99 Cr
FY 2025 · 8% margin
- Total Equity Funding$351.17K (USD)
in 2 rounds
- Latest Funding Round$215.57K (USD), Angel Round
Jun 2019
- InvestorsNSEIT
& 2 more
- Employee Count1,016
- Acquired by
Associated legal entities of Cloudxchange.io
Cloudxchange.io operates through Nusummit 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 |
|---|---|---|---|---|---|---|---|
| Nusummit Technologies Private Limited CIN U72300MH2015PTC269328 | Active | 16 Oct 2015 | Navi Mumbai, Maharashtra | ₹502 Cr | 1,981 | 8 | View details |
Products & Services of Cloudxchange.io
Cloudxchange.io offers a comprehensive portfolio of products and services, including Cloud Consulting, Cloud Migration, and Unified Managed Services.
Provides advice on cloud strategies and implementations for enterprises.
Assists in transitioning applications to cloud environments securely.
Offers ongoing support for cloud operations and maintenance.
Apps and channels of Cloudxchange.io
its YouTube channel NuSummit has 19.6K subscribers and 30 videos.
Videos from Cloudxchange.io
The most watched videos on Cloudxchange.io's YouTube channel, NuSummit (19.6K subscribers). Click a video to play it here.
More on NuSummit.
Funding Insights of Cloudxchange.io
Cloudxchange.io has successfully raised a total of $351.17K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $215.57 thousand completed in June 2019. 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 $351,168
- Total Rounds 2
- Last Round Angel Round — $215,571
- First Round $135,597
(Oct 2018)
- Investors Count 1
All 2 funding rounds of Cloudxchange.io 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 |
|---|---|---|---|---|---|
| Jun 2019 | $215,571 | Angel Round | $1.8M | Chandra Prakash Tiwari | – |
| Oct 2018 | $135,597 | Angel Round | $1.49M | Chandra Prakash Tiwari | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2019 | $1.8M | •••••••• |
| Oct 2018 | $1.49M | •••••••• |
Last known valuation $1.8M (Jun 2019). 3 investors in total: 2 institutional and 1 angel.
Investors in Cloudxchange.io
Cloudxchange.io has secured backing from 3 investors, including angel investors. Prominent investors backing the company include NSEIT, Chandra Prakash Tiwari and American Premium Mining Corporation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
CP Chandra Prakash Tiwari | unknown_492a969085e04195b | |||
Operates an online platform offering crypto mining and staking solutions. | 2022 | apminingcorp.com | Los Angeles, United States | |
Provider of IT service solutions | 1999 | nseit.com | Mumbai, India |
Investor details for Cloudxchange.io
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 Nusummit Technologies Private Limited (Cloudxchange.io)
Nusummit Technologies Private Limited is the primary company behind Cloudxchange.io. The board of Nusummit Technologies Private Limited currently have 5 directors; the longest-serving is Varun Laul, appointed in 2024. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Laul DIN 03489931 | Director | 27 Sep 2024 | 2 yrs 1 mo | Nusummit Technologies Private Limited |
| Gaurav Sharma DIN 03311656 | Director | 27 Sep 2024 | 2 yrs 1 mo | Nusummit Technologies Private Limited |
| Anantharaman DIN 09262583 | CEO | 28 Sep 2024 | 2 yrs 1 mo | Nusummit Technologies Private Limited |
| Vivek Satish Agarwal DIN 05218475 | Director | 09 Oct 2024 | 2 yrs | Nusummit Technologies Private Limited |
| Manoj Chugh DIN 02640995 | Additional Director | 12 Dec 2024 | 1 yr 10 mo | Nusummit Technologies Private Limited |
People of Cloudxchange.io
9 people are tracked at Cloudxchange.io (4 in leadership, 5 in team); the tracked headcount is 1,016.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Founder & CEO | Leadership | |
| Leadership | ||
Swaraj Borikar | AWS Delivery Lead | Team |
Lal Bahadur Yadav | Sr. AWS Cloud Engineer | Team |
Mayuresh Sawant | Sr. Cloud Solution Architect | Team |
Abhishek Lawangare | AWS Project Lead And Solution Architect | Team |
Rohan Sali | Senior Cloud DBA | Team |
Complete people profiles for Cloudxchange.io
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 Cloudxchange.io
Figures of Nusummit Technologies Private Limited, the primary company behind Cloudxchange.io, for FY 2025. Revenue was ₹502 Cr (+105% year on year). Net profit was ₹32.08 Cr (6% margin). EBITDA was ₹41.99 Cr (8% margin). Revenue has grown at a compounded annual rate of +90% over three years and +88% over five years.
- ₹502 CrRevenue · FY 2025 · +105% YoY
- ₹32.08 CrNet profit · 6% margin
- ₹41.99 CrEBITDA · 8% margin
- ₹1.58 CrPaid-up capital
- 1,981Employees (provident fund records)
- +90%Revenue CAGR, 3 years
- +88%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nusummit Technologies Private Limited are on its company page.
Detailed financial statements for Cloudxchange.io
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 Cloudxchange.io
6 dated milestones of Cloudxchange.io across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Cloudxchange.io is founded.
- Funding First funding round of $136K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $216K.
- Exit Acquired by NSEIT.
- Exit Acquired by American Premium Mining Corporation.
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Related news about Cloudxchange.Io
Complete news archive for Cloudxchange.io
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.
Frequently Asked Questions about Cloudxchange.io
Cloudxchange.io was founded in 2018.
Cloudxchange.io is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vishal Vasant Chandane is the CEO of Cloudxchange.io, as recorded in our data. They have also founded this company.
Cloudxchange.io is a funded company, having raised a total of $351.17K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $135.6K, raised on Oct 2018.
Cloudxchange.io has 1,016 employees.
The primary company behind Cloudxchange.io, Nusummit Technologies Private Limited, reported revenue of ₹502 Cr for FY 2025, up 105% year on year.
Cloudxchange.io was established in 2018 and is headquartered in Mumbai, India. Cloud computing solutions, including infrastructure management and data storage, are offered within the technology sector. Operations focus on delivering scalable services to support enterprise needs across various regions. The team is led by founders and a CEO with relevant experience, ensuring structured oversight in service provision.
Cloudxchange.io offers Cloud Consulting, Cloud Migration, and Unified Managed Services.
Cloudxchange.io has 3 investors. Key investors include NSEIT, Chandra Prakash Tiwari, and American Premium Mining Corporation.
The valuation of Cloudxchange.io is $1.8M as of Jun 2019.
Cloudxchange.io operates through Nusummit Technologies Private Limited.
Yes. Cloudxchange.io was acquired by American Premium Mining Corporation in May 2022.