XtraNet Technologies

Bhopal, India Founded: 2002 • Age: 24 yrs
ERP, application development, BPO, and related services are provided.
Annual revenue $26.0M Latest available
Total funding $4.7M 2 rounds
Employees 144 Tracked headcount
Investors 60 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About XtraNet Technologies

XtraNet Technologies is a company based in Bhopal (India) founded in 2002 by Sukhbir Singh Kukreja. XtraNet Technologies has raised $4.72 million across 2 funding rounds from investors including UnlistedZone, Sixth Sense Ventures and KIFS Trade Capital. The company has 144 employees as of March 27, 2024. XtraNet Technologies operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.

  • Headquarter Bhopal, India
  • Employees 144 as on 27 Mar, 2024
  • Founders Sukhbir Singh Kukreja
  • Stage Minicorn
  • Sectors
    Business Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Xtranet Technologies Private Limited
  • Date of Incorporation 29 Jan, 2002
  • Jurisdiction Bhopal, Madhya Pradesh, India
Operational Areas
Business Services → Business Process Outsourcing (BPO) Unlock Sub-Sector Unlock Segment
Business Services → Digital Transformation & IT Services Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.02 M (USD)
    151.41
    as on Mar 31, 2023
  • Net Profit
    $647.54 K (USD)
    377.94
    as on Mar 31, 2023
  • EBITDA
    $1.3 M (USD)
    141.71
    as on Mar 31, 2023
  • Total Equity Funding
    $4.72 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.62 M (USD), Series A

    Sep 28, 2024

  • Investors
    UnlistedZone

    & 59 more

  • Employee Count
    144

    as on Mar 27, 2024

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People of XtraNet Technologies

Headcount 200-500
Employee Profiles 14
Employee Profiles
People
Shekhar Muley
Associate VP
People
Sameer Kumar
Associate VP
People
Sukhbir Singh Kukreja
Founder & Director
People
Rupinder Tuteja
SVP, Western Region

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Funding Insights of XtraNet Technologies

XtraNet Technologies has successfully raised a total of $4.72M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.62 million completed in September 2024. 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.

Investors in XtraNet Technologies

XtraNet Technologies has secured backing from 60 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include UnlistedZone, Sixth Sense Ventures and KIFS Trade Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund investing in consumer-focused startups in India.
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Invests in high-growth SMEs with sector-agnostic approach in manufacturing and services.
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Operations in steel, energy, mining, cement, and real estate sectors in India.
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Investor details for XtraNet Technologies

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Investments & Acquisitions by XtraNet Technologies

Investments
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Investment portfolio details for XtraNet Technologies

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Financial Statements - XtraNet Technologies

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Detailed financials for XtraNet Technologies

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Xtranet Technologies Comparisons

XtraNet Technologies Primary company
Description
ERP, application development, BPO, and related services are ...
Location
Bhopal, India
Founded Year
2002
Annual Revenue
$26.02 M (USD)
Net Profit
$647.54 K (USD)
EBITDA
$1.3 M (USD)
Employees
144
As of 2024
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Peer comparison for XtraNet Technologies

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Competitors of XtraNet Technologies

XtraNet Technologies 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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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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Detailed competitors of XtraNet Technologies

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Latest news on Xtranet Technologies

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Complete news archive for XtraNet Technologies

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Frequently Asked Questions about XtraNet Technologies

XtraNet Technologies was founded in 2002 and raised its 1st funding round 21 years after it was founded.

XtraNet Technologies is headquartered in Bhopal, India. It is registered at Bhopal, Madhya Pradesh, India.

XtraNet Technologies is a funded company, having raised a total of $4.72M across 2 funding rounds to date.

As of Mar 27, 2024, the latest employee count at XtraNet Technologies is 144.

Annual revenue of XtraNet Technologies is $26.02M as on Mar 31, 2023.

XtraNet Technologies was established in 2002 in Bhopal, India, focusing on IT services. ERP solutions, custom application development, business process outsourcing, and additional technology offerings are delivered through operations centered in India. The companys online presence is maintained via the domain xtranetindia.com. Leadership is provided by founder and owner Sukhbir Singh Kukreja, with DIN 00411525 and PAN AGVPK7426P recorded.

XtraNet Technologies's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.

XtraNet Technologies has 60 investors. Key investors include UnlistedZone, Sixth Sense Ventures, KIFS Trade Capital, The Hira Group, and Minerva Ventures.

The valuation of XtraNet Technologies is $4.21M as of Mar 2023.

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