About Mega Networks
Mega Networks is a company based in Mumbai (India) founded in 1995 by Amrish Pipada. It operates as a Managed Services and Professional Services. Mega Networks has raised $61.65 thousand across 1 funding round from investors including Clifton Securities, Oshin Investment Finance and Hingora Finvest. Mega Networks offers products and services including Data Center Solutions, AI Platform, High-Performance Computing (HPC), Hyper-Converged Infrastructure (HCI), and High-Performance Storage (HPS). Mega Networks operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Mumbai, India
- Founders Amrish Pipada
- Stage Minicorn
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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 Meganet Technologies Global Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$35.5 M (USD)0as on Mar 31, 2023
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Net Profit
$1.47 M (USD)0as on Mar 31, 2023
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EBITDA
$1.61 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$61.65 K (USD)
in 1 rounds
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Latest Funding Round
$61.65 K (USD), Unspecified
Aug 21, 2008
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Investors
Clifton Securities
& 2 more
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Employee Count
Employee Count
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Products & Services of Mega Networks
Mega Networks offers a comprehensive portfolio of products and services, including Data Center Solutions, AI Platform, High-Performance Computing (HPC), Hyper-Converged Infrastructure (HCI), and High-Performance Storage (HPS).
Solutions for data center efficiency are provided by company.
AI platform for business innovation is offered by company.
High-performance computing solutions are delivered for complex tasks.
Hyper-converged infrastructure solutions are provided for streamlined operations.
High-performance storage systems are offered for data management.
Software and related services are provided for IT needs.
People of Mega Networks
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Funding Insights of Mega Networks
Mega Networks has successfully raised a total of $61.65K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $61.65 thousand completed in August 2008. 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 1
- Last Round Unspecified — $61,653
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First Round
First Round
(21 Aug 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2008 | Amount | Unspecified - Mega Networks | Valuation |
investors |
Investors in Mega Networks
Mega Networks has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Clifton Securities, Oshin Investment Finance and Hingora Finvest.
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Real estate projects are developed in Kanpur, India.
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Investments & Acquisitions by Mega Networks
Financial Statements - Mega Networks
Mega Networks Comparisons
Competitors of Mega Networks
Mega Networks 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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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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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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Frequently Asked Questions about Mega Networks
Mega Networks was founded in 1995 and raised its 1st funding round 13 years after it was founded.
Mega Networks is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Amrish Pipada is the current CEO of Mega Networks. They have also founded this company.
Mega Networks is a funded company, having raised a total of $61.65K across 1 funding round to date. The company's 1st funding round was a Unspecified of $61.65K, raised on Aug 21, 2008.
Annual revenue of Mega Networks is $35.5M as on Mar 31, 2023.
Mega Networks is involved in delivering tailored IT infrastructure solutions, including data center services, AI platforms, high-performance computing, hyper-converged infrastructure, and storage systems. The company operates in the technology sector, focusing on enhancing business efficiency and innovation through custom engineering solutions and branded hardware like workstations, servers, and racks. Support and excellence are ensured across various industries for over 27 years.
Mega Networks's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Mega Networks offers Data Center Solutions, AI Platform, High-Performance Computing (HPC), Hyper-Converged Infrastructure (HCI), and 2 more products and services.
Mega Networks has 3 investors. Key investors include Clifton Securities, Oshin Investment Finance, and Hingora Finvest.
The valuation of Mega Networks is $3.29M as of Aug 2008.