Newfang

Bengaluru, India Founded: 2019 • Age: 7 yrs
Decentralized cloud storage platform providing secure file encryption and distribution services.
Annual revenue $411,422 Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Newfang

Newfang is a company based in Bengaluru (India) founded in 2019 by Aravindh Kumar and Mayur Relekar. It operates as a SaaS and D2C. Newfang offers products and services including Newfang Platform and Newfang SDKs. Newfang operates in a competitive market with competitors including Panzura, Wasabi, Internxt, Filecoin and Zadara, among others.

  • Headquarter Bengaluru, India
  • Founders Aravindh Kumar, Mayur Relekar
  • Sectors
    Financial Services
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Newfang Networks Private Limited
  • Date of Incorporation 10 Jul, 2019
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $411.42 K (USD)
    24.75
    as on Mar 31, 2023
  • Net Profit
    -$24.77 K (USD)
    -183.92
    as on Mar 31, 2023
  • EBITDA
    -$17.32 K (USD)
    -120.47
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Newfang

Newfang offers a comprehensive portfolio of products and services, including Newfang Platform and Newfang SDKs.

Product name locked
Category locked
Primary

Secure decentralized storage for file upload, encryption, and retrieval.

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Tools for easy integration of decentralized storage in applications.

Funding Insights of Newfang

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Detailed funding history for Newfang

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Investments & Acquisitions by Newfang

Investments
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Investment portfolio details for Newfang

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Financial Statements - Newfang

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Detailed financials for Newfang

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Newfang Comparisons

Newfang Primary company
Description
Decentralized cloud storage platform providing secure file e...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$411.42 K (USD)
Net Profit
-$24.77 K (USD)
EBITDA
-$17.32 K (USD)
Employees
Not available
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Peer comparison for Newfang

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Competitors of Newfang

Newfang 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 Panzura, Wasabi, Internxt, Filecoin and Zadara, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based network attached storage is provided for global file management.
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Scalable cloud storage solutions are provided for business data management.
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Decentralized cloud storage platform is provided with smart contract security.
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Decentralized storage networks are provided for enterprise file solutions.
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Enterprise cloud storage management software provider
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Cloud block storage management is facilitated through an intelligent platform.
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Detailed competitors of Newfang

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Latest news on Newfang

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Complete news archive for Newfang

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Frequently Asked Questions about Newfang

Newfang was founded in 2019.

Newfang is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Mayur Relekar is the current CEO of Newfang. They have also founded this company.

Annual revenue of Newfang is $411.42K as on Mar 31, 2023.

Newfang is a decentralized cloud storage platform that enables secure data management through AES encryption, erasure coding, and distribution across a network. It allows users to upload, store, and retrieve files with configurable redundancy and fixed pricing via credit purchases. The platform caters to developers and apps, emphasizing privacy and cost predictability without cryptocurrency involvement. Activities include SDK integration and blockchain-based verification, though no specific location is mentioned.

Newfang's top competitors include Wasabi, Internxt and Filecoin.

Newfang offers Newfang Platform and Newfang SDKs.

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