About Netcore
Netcore is a company based in Mumbai (India). It operates as a B2B. The company has 865 employees. Netcore has completed 4 acquisitions, including Boxx.ai, Greynium and Quinto.ai.
- Headquarter Mumbai, India
- Employees 865
- Website netcore.in
- Social LinkedIn X Facebook YouTube
- Legal Name Netcore Cloud Pvt. Ltd
- Date of Incorporation 24 Jan, 1992
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹800 Cr
FY 2024 · -4% YoY
- Net Profit₹19.49 Cr
FY 2024 · 2% margin
- EBITDA₹79.55 Cr
FY 2024 · 10% margin
- Employee Count865
- Investments & AcquisitionsBoxx.ai
& 3 more
Associated legal entities of Netcore
Netcore operates through Netcore Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Netcore Private Limited CIN U72200MH1992PTC065041 | Active | 24 Jan 1992 | Mumbai, Maharashtra | ₹800 Cr | 865 | 6 | View details |
Apps and channels of Netcore
its YouTube channel Netcore Cloud has 3.28K subscribers and 30 videos.
Videos from Netcore
The most watched videos on Netcore's YouTube channel, Netcore Cloud (3.28K subscribers). Click a video to play it here.
More on Netcore Cloud.
Board of directors of Netcore Private Limited (Netcore)
Netcore Private Limited is the primary company behind Netcore. The board of Netcore Private Limited currently have 4 directors; the longest-serving is Pushpa Chandanmal Jain, appointed in 1992. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pushpa Chandanmal Jain DIN 00105435 | Director | 24 Jan 1992 | 34 yrs 8 mo | Netcore Private Limited |
| Rajesh Chandanmal Jain DIN 00103150 | Managing Director | 15 May 1992 | 34 yrs 4 mo | Netcore Private Limited |
| Chandanmal Chunilal Jain DIN 00101642 | Director | 10 Jan 1995 | 31 yrs 9 mo | Netcore Private Limited |
| Bhavana Rajesh Jain DIN 00105522 | Director | 08 Oct 2001 | 25 yrs | Netcore Private Limited |
Financials of Netcore
Figures of Netcore Private Limited, the primary company behind Netcore, for FY 2024. Revenue was ₹800 Cr (-4% year on year). Net profit was ₹19.49 Cr (2% margin). EBITDA was ₹79.55 Cr (10% margin). Revenue has grown at a compounded annual rate of +14% over three years and +11% over five years.
- ₹800 CrRevenue · FY 2024 · -4% YoY
- ₹19.49 CrNet profit · 2% margin
- ₹79.55 CrEBITDA · 10% margin
- ₹2.89 CrPaid-up capital
- 865Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +11%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Netcore Private Limited are on its company page.
Detailed financial statements for Netcore
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Investments & Acquisitions by Netcore
Netcore has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Boxx.ai, Greynium and Quinto.ai.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
AI-based personalization solutions are offered for e-commerce platforms. | boxx.ai | Bengaluru, India | 2016 | Nov 2019 | •••• | |
AI-powered chatbots are developed for customer service automation. | quinto.ai | Pune, India | 2012 | Apr 2019 | •••• | |
Mobile marketing services are provided by Ravience Digital. | ravience.com | Mumbai, India | 2008 | Oct 2011 | •••• | |
Multiple digital media brands are operated online by the group. | greynium.com | Bengaluru, India | 2006 | May 2010 | •••• |
Complete acquisition details for Netcore
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Timeline of Netcore
4 dated milestones of Netcore across 9 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires Greynium.
- Acquisition Acquires Ravience Digital.
- Acquisition Acquires Quinto.ai.
- Acquisition Acquires Boxx.ai.
Latest news on Netcore
Complete news archive for Netcore
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Frequently Asked Questions about Netcore
Netcore is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Netcore has 865 employees.
The primary company behind Netcore, Netcore Private Limited, reported revenue of ₹800 Cr for FY 2024, down 4% year on year.
Netcore offers an AI-based marketing automation platform. It has multiple products which include Smartech, e-mail marketing, mobile marketing, Affiliate email marketing, mobile web ads, customer segmentation. It is a cloud-based marketing automation platform that helps to streamline digital communication, increase engagement, automate cross channel workflows, deliver data-driven personalization, and improve operational efficiency. The features include promotional messages, transactional messages, lead captures, automated SMS polls, surveys, contests, etc. The clients include SWIGGY, OLA, KFC, etc.
Netcore operates through Netcore Private Limited.
The legal entities of Netcore currently have 6 directors, including Pushpa Chandanmal Jain, Bhavana Rajesh Jain, Chandanmal Chunilal Jain and others.