Netcore Cloud revenue hit $110 million in 2023
Netcore Cloud team size is 900 employees
How did Latka collect this data?
Latka collected this data by interviewing Netcore Cloud CEO AnkitRajesh SharmaJain on 04/13/2022
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Netcore Cloud
8th Floor, Peninsula Towers Peninsula Corporate Park, G.K.Marg Lower Parel [W] Mumbai, Maharashtra, India
How Netcore Cloud hit $110M Revenue with 5K customers in 2023.
Netcore Solutions is the parent company that owns netcorecloud.com. It is an Indian marketing technology company that offers a range of products and solutions for digital marketing, including email marketing, marketing automation, and customer engagement. Netcore Solutions was founded in 1997 and is headquartered in Mumbai, India, with additional offices in other parts of India, Southeast Asia, the Middle East, and Africa. It serves a diverse range of clients across industries, including e-commerce, banking and finance, healthcare, travel, and hospitality.
1997
Founded
$110M
2023 Revenue
YOY
$3.2M
Funding
Netcore Cloud Revenue
In 2023, Netcore Cloud revenue run rate hit $110M in revenue.
2023
Netcore Cloud hit $110M in revenue this year
2022
Netcore Cloud hit $95M in revenue in 2022
2021
Netcore Cloud hit $75M in revenue in 2021
2018
Netcore Cloud hit $50M in revenue in 2018
2015
Netcore Cloud hit $10M in revenue in 2015
2008
Netcore Cloud hit $1M in revenue in 2008
1997
Netcore Cloud launched in 1997 with $0 revenue
Netcore Cloud Funding History
2021 Seed Round
Netcore Cloud raised a Seed Round of $2.9M
2020 Pre Seed Round
Netcore Cloud raised a Pre Seed Round of $242.9K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 10/07/2021 | Seed Round | $2.9M | |
| 08/08/2020 | Pre Seed Round | $242.9K |
Team
Netcore Cloud has 900 total employees and 100 sales reps that carry a quota. They have 5000 customers an engineering team of 230
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 900 |
| Engineer | 230(26%) |
| Sales | 100(11%) |
| Marketing | 0(0%) |
CEO/Founder
AnkitRajesh SharmaJain
This interview is with Rajesh Jain founder of Netcore Cloud About Rajesh Jain Rajesh Jain is a technology entrepreneur based in Mumbai, India. He was a pioneer in Asia’s dotcom revolution, creating India’s first Internet portals in the late 1990s. He then started what is today India’s largest marketing technology company. In between, from 2012-2019, Rajesh worked as a political entrepreneur. Tech Rajesh is founder of Netcore Cloud, is a global marketing technology company that offers AI-powered marketing automation and analytics solutions. Netcore’s flagship product, Smartech, empowers modern marketers to map their customer journey to deliver exceptional 1:1 customer experiences. Netcore serves over 5,000 Indian and international corporates and sends more than 15 billion messages (emails and SMSes) monthly through its messaging gateways. https://www.linkedin.com/in/rajesh-jain-b941/ Linkedin profile link :
Q&A
What`s your age?
54
Favorite online tool?
Salesforce
Favorite book?
Beyond Entrepreneurship
Favorite CEO?
Twilio
Advice for 20 year old self
How important things other than engineering are.
Customers
Netcore Cloud has 5K customers.
Lifetime Months
-
x
Monthly ARPU
$1.6K
=
Lifetime Dollar
-
Acquisition Cost
-
Average Annual Price
$19K
Churn
Netcore Cloud has an annual churn rate of 5.00%.
Gross Annual Dollar Churn
-5.00%
Annual Dollar Expansion
30.00%
Net Revenue Retention
123.00%
About Netcore Cloud
Monthly Revenue
$9.2M
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
15.79%
=
Rule of 40
16
Netcore Cloud Board of Directors
| Name | Position |
|---|---|
| Anindya Ghose | Board Member |
Netcore Cloud Executives
| Name | Position |
|---|---|
| AnkitRajesh SharmaJain | CEO |
Netcore Cloud Employees
| Name | Position |
|---|---|
| Anindya Ghose | Board Member |
| AnkitRajesh SharmaJain | CEO |
Frequently Asked Questions about Netcore Cloud
When was Netcore Cloud founded?
Netcore Cloud was founded in 1997.
How much revenue does Netcore Cloud generate?
Netcore Cloud generates $110M in revenue.
Who is the CEO of Netcore Cloud?
The CEO of Netcore Cloud is AnkitRajesh SharmaJain.
How much funding does Netcore Cloud have?
Netcore Cloud raised $3.2M.
How many employees does Netcore Cloud have?
Netcore Cloud has 900 employees.
Where is Netcore Cloud headquarters?
Netcore Cloud is headquartered in India