About Netmagic Solutions
Netmagic Solutions is a company based in Mumbai (India) founded in 1999 was acquired by NTT Communications in January 2012. Netmagic Solutions has raised $48.61 million across 4 funding rounds from investors including Nexus Venture Partners, Fidelity International and Cisco Investments. Netmagic Solutions has completed 1 acquisition, including ActOnCloud. Netmagic Solutions operates in a competitive market with competitors including Equinix, IBM, Hewlett Packard Enterprise, Oracle and Nutanix, among others.
- Headquarter Mumbai, India
- Stage Minicorn
- SectorsTechnology
- Website category Computers Electronics and Technology · Web Hosting and Domain Names
- Website netmagicsolutions.com
- Social LinkedIn X Facebook
- Acquired by NTT Communications (Jan 2012)
- Annual Revenue$341.48 M (USD)22as on Mar 31, 2024
- Net Profit$4.86 M (USD)-78as on Mar 31, 2024
- EBITDA$129.37 M (USD)16as on Mar 31, 2024
- Total Equity Funding$48.61M (USD)
in 4 rounds
- Latest Funding Round$8.76M (USD), Series B
Jun 2011
- InvestorsNexus Venture Partners
& 9 more
- Investments & Acquisitions
- Acquired byNTT Communications
(Jan 2012)
Associated legal entities of Netmagic Solutions
Netmagic Solutions is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ntt Global Data Centers & Cloud Infrastructure India Private Limited CIN U72900MH2005PTC153896 | Active | 10 Jun 2005 | Mumbai, Maharashtra | ₹2,820 Cr | 1,737 | 4 | View details |
| Netmagic Solutions Private Limited CIN U73900MH1998PTC116053 | Active | 30 Jul 1998 | Mumbai, Maharashtra | ₹3,325 Cr | 26 | 5 | View details |
Funding Insights of Netmagic Solutions
Netmagic Solutions has successfully raised a total of $48.61M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $8.76 million completed in June 2011. 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 $48.61M
- Total Rounds 4
- Last Round Series B — $8.76M
- First Round $4M
(Jun 2000)
- Investors Count 9
All 4 funding rounds of Netmagic Solutions 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 2011 | $8.76M | Series B | $85.89M | NGP Capital | |
| Oct 2010 | $15.7M | Series B | – | NGP Capital, Cisco Investments | |
| Jan 2008 | $20.15M | Series B | – | Nexus Venture Partners, Eight Roads Ventures | |
| Jun 2000 | $4M | Series A | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2011 | $85.89M | •••••••• |
Last known valuation $85.89M (Jun 2011). 10 investors in total: 8 institutional and 2 angel.
Investors in Netmagic Solutions
Netmagic Solutions has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Nexus Venture Partners, Fidelity International and Cisco Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | nexusvp.com | Menlo Park, United States | |
Technology investments and expertise in networking, cloud, and security services. | 2003 | ciscoinvestments.com | San Jose, United States | |
Venture capital firm focused on B2B companies | – | ngpcap.com | Palo Alto, United States | |
Venture capital investment and global platform support for startups. | 2008 | eightroads.com | London, United Kingdom | |
Early-stage tech-focused VC investment company funding companies in India | 2000 | gtvltd.com | Bengaluru, India | |
Provider of investment management services | 1969 | fidelityinternational.com | London, United Kingdom | |
Limited information available | 2012 | eventuresindia.co.in | Mumbai, India | |
Hybrid cloud solutions and CDN services are provided for optimization. | 1999 | ntt.com | Chiyoda City, Japan | |
KR Kanwal Rekhi | Veteran tech entrepreneur, angel investor, and mentor to Indian startups. | – | unknown_c540c60d7ebe4659b | - |
VG Veerappa Gangaiah Siddhartha Hegde | Founder of Cafe Coffee Day, prominent Indian angel investor | – | unknown_f64c0383bd0f45169 | - |
Investor details for Netmagic Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Netmagic Solutions
The boards of the 2 registered companies of Netmagic Solutions currently have 6 directors; the longest-serving is Shekhar Sharma, appointed in 2019. 42 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shekhar Sharma DIN 08342278 | Director | 06 Feb 2019 | 7 yrs 8 mo | Netmagic Solutions Private Limited |
| Yasuo Suzuki DIN 08950166 | Director | 12 Nov 2021 | 4 yrs 10 mo | Ntt Global Data Centers & Cloud Infrastructure India Private Limited |
| Alok Bajpai DIN 01933621 | Managing Director | 01 Dec 2024 | 1 yr 10 mo | Ntt Global Data Centers & Cloud Infrastructure India Private Limited |
| Yogesh Martand Vaidya DIN 00334078 | Whole-time director | 20 Dec 2024 | 1 yr 9 mo | Ntt Global Data Centers & Cloud Infrastructure India Private Limited, Netmagic Solutions Private Limited |
| Moiz Mohd Husain Vaswadawala DIN 09589505 | Additional Director | 01 May 2026 | 5 mo | Netmagic Solutions Private Limited |
| Vimal Jyoti Kaw DIN 11685750 | Additional Director | 01 May 2026 | 5 mo | Netmagic Solutions Private Limited |
People of Netmagic Solutions
92 people are tracked at Netmagic Solutions (10 in leadership, 82 in team).
| Name | Role | Group |
|---|---|---|
Nilesh Naik | General Manager | Leadership |
Gopinath Rajeev | Chief Financial Officer | Leadership |
Bharti Melwani Lad | VP | Leadership |
Naman Shah | Deputy General Manager - Cloud Solutions | Leadership |
Mamta Gupta | DC Infra Consultant Partner (ntt Global Data Centers) | Leadership |
| Executive Vice President - Finance | Leadership | |
Zahid Shaikh | Assistant General Manager - IT Operations | Leadership |
Rahul Choudhury | Associate Vice President | Leadership |
Anita Gupta | Director- Financial Accounting | Leadership |
Ganesh Jangle | Asistant General Manager | Leadership |
Sachin Sakpal | Windows System Engineer | Team |
Nishant Dubey | IIS Engineer | Team |
Santosh Adlikar | Sr. Engineer Operations | Team |
Anmol Mishra | Server Engineer | Team |
Abhijit Sawant | Technology Specialist | Team |
Mohammed Saqib Ansari | Senior Network Engineer | Team |
Pawan Yadav | Information Security Analyst | Team |
Narendra yadav | Senior Network Operations Engineer | Team |
Sivaram Kosuri | Sr Engineer Security Practice | Team |
Ambrish Kamble | Network Engineer L2 | Team |
72 more people are available in the full profile.
Complete people profiles for Netmagic Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Netmagic Solutions
Figures of Ntt Global Data Centers & Cloud Infrastructure India Private Limited, the primary company behind Netmagic Solutions, for FY 2024. Revenue was ₹2,820 Cr (+22% year on year). Net profit was ₹38.18 Cr (1% margin). EBITDA was ₹969 Cr (34% margin). Revenue has grown at a compounded annual rate of +31% over three years and +26% over five years.
- ₹2,820 CrRevenue · FY 2024 · +22% YoY
- ₹38.18 CrNet profit · 1% margin
- ₹969 CrEBITDA · 34% margin
- ₹20.20 CrPaid-up capital
- 1,737Employees (provident fund records)
- +31%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ntt Global Data Centers & Cloud Infrastructure India Private Limited are on its company page.
Detailed financial statements for Netmagic Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Netmagic Solutions
Netmagic Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ActOnCloud.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud platform for customer analytics and churn reduction is provided. | actoncloud.com | Mumbai, India | 2014 | Feb 2018 | •••• |
Complete acquisition details for Netmagic Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Netmagic Solutions
6 dated milestones of Netmagic Solutions across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Netmagic Solutions is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series B, of $8.8M.
- Milestone Reaches Minicorn status.
- Exit Acquired by NTT Communications.
- Acquisition Acquires ActOnCloud.
Competitors of Netmagic Solutions
Netmagic Solutions 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 Equinix, IBM, Hewlett Packard Enterprise, Oracle and Nutanix, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| equinix.com | 1998 | Redwood, United States | $175M | 13,151 | Provider of colocation data center services | |
| ibm.com | 1911 | United States | – | 187,000 | Hybrid cloud and DevOps automation are delivered to enterprises. | |
| hpe.com | 2015 | Houston, United States | – | 62,000 | HPC solutions are delivered via supercomputers and storage systems. | |
| oracle.com | 1977 | Austin, United States | – | 172 | Hybrid cloud infrastructure solutions are delivered for business management. | |
| nutanix.com | 2009 | San Jose, United States | $317.2M | 8,239 | AI-powered cloud management software is delivered for enterprises. | |
| ksyun.com | 2012 | Haidian, China | $767.82M | – | Hybrid cloud solutions are delivered to enterprises in diverse industries. | |
| databank.com | 2005 | Dallas, United States | $2.44B | 806 | Data center colocation solutions are offered by DataBank. | |
| 365datacenters.com | 2012 | Emeryville, United States | $16M | 128 | Data center colocation services are operated across 14 US locations. | |
| gigas.com | 2011 | Alcobendas, Spain | $2.7M | – | Hybrid cloud hosting solutions are offered for scalable infrastructure needs. | |
| interxion.com | 1998 | Amsterdam, Netherlands | $567.56M | – | Platform offering data center colocation solution |
Detailed competitors of Netmagic Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Netmagic Solutions
The website of Netmagic Solutions (netmagicsolutions.com) receives about 8.2K visits a month and ranks #3,155,640 among all websites worldwide, #6,872 in Web Hosting and Domain Names.
- Monthly visits8.2K
▲ 51.8% vs previous month
- Unique visitors1.5K
per month
- Global rank#3,155,640
among all websites
- Category rank#6,872
Computers Electronics and Technology · Web Hosting and Domain Names
- Bounce rate19%
- Pages per visit2.7
- Average visit1 min 09 sec
- DevicesDesktop 53% · Mobile 47%
Websites whose visitors overlap most with Netmagic Solutions. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ctrls.in | ctrls.in | 100% | – | #2,659,902 | – |
| datapipe.com | 91% | – | – | View details | |
| inspacetech.com | 56% | 1.6K | #10,441,146 | View details | |
| alivemedia.net | 55% | – | – | View details | |
| inhand.com.cn | 54% | 20.6K | #413,778 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Netmagic Solutions
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Netmagic Solutions
Complete news archive for Netmagic Solutions
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Netmagic Solutions
10 companies that operate in the same segment as Netmagic Solutions (Big Data & Cloud Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 586.72 M | USD 2.46 B | 5,560 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 24.67 B | USD 15.9 M | 341 | |
Cloud-based big data warehouse for enterprise data management is provided. | 2012 | Bozeman, Montana, United States | USD 1.56 B | USD 3.63 B | 7,830 | |
AI-powered big data stack solutions are delivered for data management. | 2008 | Palo Alto, California, United States | USD 1.04 B | USD 869.26 M | 1,124 | |
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 1,210 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Provider of cloud and AI based CDN management software | 1998 | Cambridge, Massachusetts, United States | USD 61.5 M | USD 4.21 B | 10,700 | |
Provider of colocation data center services | 1998 | Redwood City, California, United States | USD 175 M | USD 9.22 B | 13,610 |
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Frequently Asked Questions about Netmagic Solutions
Netmagic Solutions was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Netmagic Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Netmagic Solutions is a funded company, having raised a total of $48.61M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jun 2000.
Annual revenue of Netmagic Solutions is $341.48M as on Mar 31, 2024.
Netmagic Solutions was founded in 1999 and is headquartered in Mumbai, India. Operations focus on the data center and cloud infrastructure sector, where colocation services including racks, cabinets, and cages are offered across facilities. IT infrastructure for mission-critical applications is planned, designed, managed, supported, and migrated. Infrastructure as a Service (IaaS) encompasses public cloud, hybrid cloud, managed security, and cloud object storage, serving various industries through lifecycle management solutions.
Netmagic Solutions's top competitors include Equinix, Kingsoft Cloud and Oracle.
Netmagic Solutions has made 1 acquisition, including ActOnCloud.
Netmagic Solutions has 10 investors. Key investors include Nexus Venture Partners, Fidelity International, Cisco Investments, NTT Communications, and Eight Roads Ventures.
The valuation of Netmagic Solutions is $85.89M as of Jun 2011.
Netmagic Solutions is associated with 2 legal entities: Ntt Global Data Centers & Cloud Infrastructure India Private Limited, Netmagic Solutions Private Limited.
Yes. Netmagic Solutions was acquired by NTT Communications in January 2012.
The legal entities of Netmagic Solutions currently have 7 directors, including Yogesh Martand Vaidya, Alok Bajpai, Yasuo Suzuki and others.