About Xchanging
Xchanging is a Technology company based in London (United Kingdom) founded in 1998, and was acquired by CSC in December 2015. Business processing, technology, and procurement services are provided globally. Xchanging has completed 4 acquisitions, including Agencyport, DataIntegration and MarketMaker4. Xchanging offers products and services including Cloud Platforms, Consulting Services, and Security Solutions. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Suite. Its legal entity is DXC Technology.
Company details
Xchanging was founded in 1998 in London, United Kingdom. Procurement and spend analytics solutions are delivered via its SaaS-based MM4 platform, which encompasses eSourcing, benchmarking, contract management, supplier performance tracking, and market intelligence. Operations span 42 countries, serving industries including aerospace, defense, insurance, financial services, automotive, education, and consumer packaged goods. Over 8,000 employees support these multinational activities.
- Headquarters London, United Kingdom
- Stage Acquired
- SectorsTechnology
- Website xchanging.com
- Social LinkedIn Facebook
- Acquired by CSC (Dec 2015)
- Legal Name Dxc Technology
- Annual Revenue$23.71 M (USD)6as on Mar 31, 2024
- Net Profit$1.66 M (USD)-69as on Mar 31, 2024
- EBITDA$8.29 M (USD)14as on Mar 31, 2024
- Investors
- Investments & AcquisitionsAgencyport
& 3 more
- Acquired byCSC
(Dec 2015)
Associated legal entities of Xchanging
Xchanging is associated with 3 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 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xchanging Outsourcing Private Limited CIN U72200KA2012PTC065565 | Amalgamated | 27 Aug 2012 | Bangalore, Karnataka | 2 | View details | ||
| Xchanging Builders (India) Private Limited CIN U70102KA2010PTC054038 | Active | 14 Jun 2010 | Bangalore, Karnataka | ₹0.1 Cr | 3 | View details | |
| Xchanging Solutions Limited Listed CIN L72200KA2002PLC030072 | Active | 01 Feb 2002 | Bangalore, Karnataka | ₹217 Cr | 100 | 9 | View details |
Products & Services of Xchanging
Xchanging offers a comprehensive portfolio of products and services, including Cloud Platforms, Consulting Services, and Security Solutions.
Services for hosting and managing cloud environments securely
Expert guidance on IT strategy and digital transformation
Tools for cyber risk management and data protection
Investors in Xchanging
Xchanging has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include DXC Technology.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global IT services and business solutions are delivered worldwide. | 1959 | csc.com | Falls Church, United States |
Investor details for Xchanging
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Xchanging
The boards of the 3 registered companies of Xchanging currently have 8 directors; the longest-serving is Manoj Kallangad Puthankalam, appointed in 2017. 62 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manoj Kallangad Puthankalam DIN 06996171 | Director | 13 Oct 2017 | 9 yrs | Xchanging Outsourcing Private Limited |
| Shrenik Kumar Champalal DIN 08099410 | Director | 12 Dec 2018 | 7 yrs 10 mo | Xchanging Builders (India) Private Limited, Xchanging Solutions Limited, Xchanging Outsourcing Private Limited |
| Nonavinakere Srinivasaiyengar Rama DIN 06720033 | Director | 01 Apr 2019 | 7 yrs 6 mo | Xchanging Solutions Limited |
| Pankaj Vaish DIN 00367424 | Director | 04 May 2022 | 4 yrs 5 mo | Xchanging Solutions Limited |
| Kartik Ganapathy Iyer DIN 09318280 | Director | 17 Jun 2024 | 2 yrs 4 mo | Xchanging Solutions Limited |
| Swaminathan Swaminathan DIN 10976726 | Additional Director | 11 Mar 2025 | 1 yr 7 mo | Xchanging Builders (India) Private Limited, Xchanging Solutions Limited |
| Dhimant Shah DIN 11344864 | Additional Director | 30 Oct 2025 | 11 mo | Xchanging Builders (India) Private Limited |
| Bokara Nagarajan Padmaja Priyadarshini DIN 06416242 | Director | 05 Feb 2026 | 8 mo | Xchanging Solutions Limited |
People of Xchanging
32 people are tracked at Xchanging (7 in leadership, 12 in board & advisors, 13 in team).
| Name | Role | Group |
|---|---|---|
Mary Finch | EVP, Chief Human Resources Officer & Global Lead, Marketing | Leadership |
Jim Brady | EVP & COO | Leadership |
Kristie Grinnell | SVP & Chief Information Officer | Leadership |
Mike Salvino | Chairman, President & CEO | Leadership |
Rob Del Bene | EVP & Chief Financial Officer | Leadership |
Nachiket Sukhtankar | SVP, Global Delivery Network Lead & Managing Director, India | Leadership |
Tim Weir | VP, DXC Resiliency | Leadership |
Kiko Washington | Board Member | Board & advisors |
Amy Alving | Board Member | Board & advisors |
David Barnes | Board Member | Board & advisors |
Raul Fernandez | Board Member | Board & advisors |
Robert Woods | Board Member | Board & advisors |
Dawn Rogers | Board Member | Board & advisors |
David Herzog | Board Member | Board & advisors |
Carrie Teffner | Director | Board & advisors |
Karl Racine | Director | Board & advisors |
Anthony Gonzalez | Director | Board & advisors |
Mukesh Aghi | Board Member | Board & advisors |
David L. Herzog | Board Member | Board & advisors |
Mark Hughes | Global Lead, Security | Team |
12 more people are available in the full profile.
Complete people profiles for Xchanging
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Financials of Xchanging
Figures of Xchanging Builders (India) Private Limited, the primary company behind Xchanging, for FY 2025. Revenue was ₹7 Lakh (-94% year on year). Net loss was -₹5.13 Cr (-7329% margin). EBITDA was -₹4.20 Cr (-6000% margin). Revenue has grown at a compounded annual rate of -76% over three years and -61% over five years.
- ₹7 LakhRevenue · FY 2025 · -94% YoY
- -₹5.13 CrNet loss · -7329% margin
- -₹4.20 CrEBITDA · -6000% margin
- ₹9.51 CrPaid-up capital
- -76%Revenue CAGR, 3 years
- -61%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xchanging Builders (India) Private Limited are on its company page.
Detailed financial statements for Xchanging
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by Xchanging
Xchanging has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Agencyport, DataIntegration and MarketMaker4.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Data analytics and Business Intelligence Platform for Public Sector | spikescavell.com | Berkshire County, United States | 1991 | Feb 2015 | $11.5M | |
Insurance technology software solutions are provided for global insurers. | agencyport.com | Boston, United States | 2000 | Jul 2014 | •••• | |
Online negotiation tools are supplied to eSourcing professionals. | marketmaker4.com | Chicago, United States | 2011 | Sep 2013 | $22M | |
IT security services and cyber resilience solutions are provided. | dataintegration.com | London, United Kingdom | 1997 | Jun 2010 | $9.63M |
Complete acquisition details for Xchanging
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
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Timeline of Xchanging
7 dated milestones of Xchanging across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Xchanging is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires DataIntegration.
- Acquisition Acquires MarketMaker4.
- Acquisition Acquires Agencyport.
- Acquisition Acquires Spikes Cavell.
- Exit Acquired by CSC.
Web traffic of Xchanging
Websites that share an audience with Xchanging (xchanging.com).
Websites whose visitors overlap most with Xchanging. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
healthinsuranceindia.org | healthinsuranceindia.org | 100% | #7,284,340 | – | |
coi.org.in | coi.org.in | 100% | – | ||
| optima.co.in | 100% | 1.7K | #7,009,325 | View details | |
| convergys.com | 97% | 6.5K | #3,115,699 | View details | |
diebold.com | diebold.com | 97% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Xchanging
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- 10 similar websites
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Related news about Xchanging
Complete news archive for Xchanging
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Frequently Asked Questions about Xchanging
Xchanging was founded in 1998.
Xchanging is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Annual revenue of Xchanging is $23.71M as on Mar 31, 2024.
Xchanging was founded in 1998 in London, United Kingdom. Procurement and spend analytics solutions are delivered via its SaaS-based MM4 platform, which encompasses eSourcing, benchmarking, contract management, supplier performance tracking, and market intelligence. Operations span 42 countries, serving industries including aerospace, defense, insurance, financial services, automotive, education, and consumer packaged goods. Over 8,000 employees support these multinational activities.
Xchanging offers Cloud Platforms, Consulting Services, and Security Solutions.
Xchanging has made 4 acquisitions, including Agencyport, DataIntegration, and MarketMaker4.
Xchanging has 1 investor. Key investors include DXC Technology.
Xchanging is associated with 3 legal entities: Xchanging Builders (India) Private Limited, Xchanging Solutions Limited, Xchanging Outsourcing Private Limited.
Yes. Xchanging was acquired by CSC in December 2015.
The legal entities of Xchanging currently have 9 directors, including Shrenik Kumar Champalal, Swaminathan Swaminathan, Dhimant Shah and others.