About Cloudxchange.io
Cloudxchange.io is a company based in Mumbai (India) founded in 2018 by Neelesh Deviprasad Kankane, Nilesh Mohan Rane, and Vishal Vasant Chandane was acquired by American Premium Mining Corporation in May 2022.. 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 as of February 08, 2025. Cloudxchange.io offers products and services including Cloud Consulting, Cloud Migration, and Unified Managed Services. Cloudxchange.io operates in a competitive market with competitors including 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others.
- Headquarter Mumbai, India
- Employees 1016 as on 08 Feb, 2025
- Founders Neelesh Deviprasad Kankane, Nilesh Mohan Rane, Vishal Vasant Chandane
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nusummit Technologies Private Limited
- Date of Incorporation 16 Oct, 2015
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$28.59 M (USD)42.94as on Mar 31, 2024
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Net Profit
$1.94 M (USD)1.58as on Mar 31, 2024
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EBITDA
$2.7 M (USD)0.45as on Mar 31, 2024
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Total Equity Funding
$351.17 K (USD)
in 2 rounds
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Latest Funding Round
$215.57 K (USD), Angel Round
Jun 21, 2019
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Investors
NSEIT
& 2 more
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Employee Count
1016
as on Feb 08, 2025
- Acquired by
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Products & Services of Cloudxchange.io
Cloudxchange.io offers a comprehensive portfolio of products and services, including Cloud Consulting, Cloud Migration, and Unified Managed Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $215,571
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First Round
First Round
(15 Oct 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Angel Round - Cloudxchange.io | Valuation | Chandra Prakash Tiwari |
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| Oct, 2018 | Amount | Angel Round - Cloudxchange.io | Valuation | Chandra Prakash Tiwari |
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| 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 |
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. 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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CP
Chandra Prakash Tiwari |
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Founded Year | Domain | Location |
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Operates an online platform offering crypto mining and staking solutions.
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Provider of IT service solutions
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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 Cloudxchange.io
| 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 - Cloudxchange.io
| 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 |
Cloudxchange.Io Comparisons
Competitors of Cloudxchange.io
Cloudxchange.io 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 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, 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 |
Public cloud workload management tools and services are provided.
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Crayon is involved in unspecified business activities.
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AWS cloud services are provided, including consulting, deployment, and management.
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Services for the development and support of cloud-based applications
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Cloud services in PaaS, SaaS, and IaaS are provided.
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Cloud-based virtual classroom platform for enterprises
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Cloudxchange.Io
Frequently Asked Questions about Cloudxchange.io
When was Cloudxchange.io founded?
Cloudxchange.io was founded in 2018.
Where is Cloudxchange.io located?
Cloudxchange.io is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Cloudxchange.io?
Vishal Vasant Chandane is the current CEO of Cloudxchange.io. They have also founded this company.
Is Cloudxchange.io a funded 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 15, 2018.
How many employees does Cloudxchange.io have?
As of Feb 08, 2025, the latest employee count at Cloudxchange.io is 1,016.
What is the annual revenue of Cloudxchange.io?
Annual revenue of Cloudxchange.io is $28.59M as on Mar 31, 2024.
What does Cloudxchange.io do?
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.
Who are the top competitors of Cloudxchange.io?
Cloudxchange.io's top competitors include Crayon, Megazone Cloud and All Cloud.
What products or services does Cloudxchange.io offer?
Cloudxchange.io offers Cloud Consulting, Cloud Migration, and Unified Managed Services.
Who are Cloudxchange.io's investors?
Cloudxchange.io has 3 investors. Key investors include NSEIT, Chandra Prakash Tiwari, and American Premium Mining Corporation.
What is Cloudxchange.io's valuation?
The valuation of Cloudxchange.io is $1.8M as of Jun 2019.