Excitel - About the company
Excitel is a series C company based in Delhi (India), founded in 2015 by Nikolai Gorchilov. It operates as a Provider of fiber-optic based internet services. Excitel has raised $16.1M in funding from investors like NEVEQ, Impetus Capital and BlackPeak Capital, with a current valuation of ₹*****. The company has 155 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like ACT, Wiom and RailTel Corporation of India.
Company Details
Provider of fiber-optic based internet services. It offers high-speed unlimited fiber internet, free Wi-Fi routers, OTT & IPTV bundles, major streaming apps, family-safe features, free service relocation, customer support, and billing. Its mission is to provide installation free based high-speed, unlimited fiber-to-the-home internet services.
- Website
- www.excitel.com/
- Social
- Email ID
- *****@excitel.com
- Phone Number
- +91 **********
- Registered Address
- Plot No 48, Second Floor, Okhla Industrial Estates, Phase III, South Delhi, New Delhi, Delhi, India, 110020
Key Metrics
Founded Year
2015
Location
Delhi, India
Stage
Series C
Total Funding
$16.1M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Feb 28, 2022
Ranked
3rd among 155 active competitors
Employee Count
1,907 as on Jul 31, 2025
Legal entities associated with Excitel
Excitel is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
EXCITEL INTERNATIONAL B.V. CIN: 73878154 , Netherlands, Active | - | - | - | |
EXCITEL BROADBAND PRIVATE LIMITED CIN: U63090DL2015PTC277612 , India, Active | Mar 05, 2015 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 1907 (As on Jul 31, 2025) | |
EXCITEL PRIVATE LIMITED CIN: U63090DL2015PTC275112 , India, Active | Jan 07, 2015 | 0 - ₹10 Cr (As on Mar 31, 2025) | - |
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Excitel's funding and investors
Excitel has raised a total funding of $16.1M over 2 rounds. Its first funding round was on Oct 11, 2018. Its latest funding round was a Series C round on May 03, 2022 for $*****. 5 investors participated in its latest round. Excitel has 3 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Excitel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 03, 2022 | 5007860 | Series C | 1967545 | 8418540 | 5330985 | 5957696 |
Oct 11, 2018 | 1887816 | Series A | 5740895 | 3148424 | 5735766 |
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Excitel's founders and board of directors
Founder? Claim ProfileThe founders of Excitel is Nikolai Gorchilov.
Here are the details of Excitel's key team members:
- Nikolai Gorchilov: Co-Founder of Excitel and founder of 2 other companies, Extreme IX and Extreme Peering.
Excitel's Board of Directors
Excitel's board has 2 active members. Vivek Raina is part of team and Amandeep Singh is independent board member.Here is the list of Excitel's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
sqtirhv | Team | - | Past | 7y 9m |
xmxjnml | Independent board member | - | Past | 7y 1m |
View details of Excitel's Founder profiles and Board Members
Excitel's employee count trend
Excitel has 1,907 employees as of Jul 25. The total employee count is 2.0% lower than what it was in Jul 24. Here is Excitel's employee count trend over the years:
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Excitel's Competitors and alternates
Top competitors of Excitel include ACT, Wiom and RailTel Corporation of India. Here is the list of Top 10 competitors of Excitel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of fibre optic broadband, WiFi network, and television services | $2.83M | 75/100 | ||
2nd | Provider of wifi internet services | $65.1M | 65/100 | ||
3rd | Provider of fiber-optic based internet services | $16.1M | 60/100 | ||
4th | RailTel Corporation of India 2000, Delhi (India), Public | Provider of fibre optic internet and public WiFi network services | - | - | 56/100 |
5th | Provider of telecom equipment and fiber cables | - | 55/100 | ||
6th | Provider of internet and network solutions with routers | $4.62M | 41/100 | ||
7th |  MNP Interconnection Telecom Solutions 2008, Gurugram (India), Unfunded | Provider of internet services for individuals and business sectors | - | - | 39/100 |
8th | Provider of broadband connection services | - | 36/100 | ||
9th |  Ethernet Xpress India 2012, Aradi Socorro (India), Unfunded | Provider of broadband, data center, and corporate services | - | - | 35/100 |
10th |  SAI BABA CABLE NETWORK 2019, Thane (India), Unfunded | Provider of broadband services for home and business | - | - | 34/100 |
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Excitel's Investments and acquisitions
Excitel has made no investments or acquisitions yet.
Reports related to Excitel
Here is the latest report on Excitel's sector:
News related to Excitel
Filter this listMedia has covered Excitel for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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Excitel CEO Raina steps down after 10-year stint; Varun Pasricha to succeedIndiatimes•Feb 25, 2026•Excitel
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Excitel's Fiber and IPTV Strategy to Disrupt India's Broadband MarketTelecom Talk•Apr 26, 2025•Excitel
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Excitel and GX Group Transform India's Connectivity Landscape with Wi-Fi 6 ModemsDevdiscourse•Nov 25, 2024•Excitel, GX Group
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Excitel Brings Regional OTT and TV Channels with Broadband Plans in HyderabadTelecom Talk•Nov 05, 2024•Excitel
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Excitel Broadband Offering 3 Months of Free Service with 9 Months PlansTelecom Talk•Oct 01, 2024•Excitel
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