When was Excitel founded?

Excitel was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Excitel located?

Excitel is headquartered in Delhi, India. It is registered at Plot No 48, Second Floor, Okhla Industrial Estates, Phase III, South Delhi, New Delhi, Delhi, India, 110020.

Which legal entities is Excitel associated with?

Excitel is associated with EXCITEL BROADBAND PRIVATE LIMITED and 2 others.

How many employees does Excitel have?

As of Jul 31, 2025, Excitel has 1907 employees, reflecting a 1% year-over-year decline in headcount.

Is Excitel a funded company?

Excitel is a funded company, having raised a total of $16.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 11, 2018.

When was the latest funding round of Excitel?

Excitel's latest funding was a $***** Series C round on May 03, 2022, with participation from 5 investors.

Where does Excitel rank among its competitors?

Excitel ranks 8th amongst 1511 active competitors, of which 29 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Rogers, which secured $5.1B in Jun, 2025.

Who are the top competitors of Excitel?

Excitel's top competitors include ViaSat, ACT and Orange Polska. Among them, Rogers secured the most recent funding round in June, 2025.

Excitel - 2026 Company Profile, Team, Funding, Competitors & Financials

Excitel is a series C company based in Delhi (India), founded in 2015 by Vivek Raina, Nikolai Gorchilov and Plamen Petkov. 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. The company has 1511 active competitors, including 29 funded and 139 that have exited. Its top competitors include companies like ViaSat, ACT and Orange Polska.

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

Series C, May 03, 2022, $*****

Investors

NEVEQ & 7 more

Ranked

8^th among 1511 active competitors

Employee Count

1,907 as on Jul 31, 2025

Similar Companies

ViaSat & 1748 more

View Excitel's full profile

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	$61.3M (As on Mar 31, 2025)	1907 (As on Jul 31, 2025)
EXCITEL PRIVATE LIMITED CIN: U63090DL2015PTC275112 , India, Active	Jan 07, 2015	$48.1K (As on Mar 31, 2025)	-

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	1374056	Series C	9562367	2665335	1490847	2420408
Oct 11, 2018	1345783	Series A	9625165	3063417	NEVEQ & 2 more	3215224

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View details of Excitel's funding rounds and investors

The founders of Excitel are Vivek Raina, Nikolai Gorchilov and Plamen Petkov.

Here are the details of Excitel's key team members:

Vivek Raina: Founder / Chief Executive Officer of Excitel. They serve on the board of 1 company.
Nikolai Gorchilov: Co-Founder of Excitel and founder of 2 other companies, Extreme Infocom and Extreme Peering.
Plamen Petkov: Co-Founder & Board Member of Excitel.

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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Top competitors of Excitel include ViaSat, ACT and Orange Polska. Here is the list of Top 10 competitors of Excitel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ViaSat 1986, Carlsbad (United States), Public	Provider of satellite based communication services to multiple business verticals	-	Herald Investment Management, Ontario Teachers' Pension Plan ... & 5 others	77/100
2nd	ACT 2000, Bengaluru (India), Acquired	Provider of fibre optic broadband, WiFi network, and television services	$2.83M	CPP Investments, Adithya Constructions & 16 others	76/100
3rd	Orange Polska 1991, Warsaw (Poland), Public	Provider of telephony, internet, and data transmission services	$2.46B	Orange, Kulczyk Investments & 1 others	75/100
4th	Rogers 1935, Toronto (Canada), Public	Provider of wifi and fiber optic services	$1M	Social Capital, Blackstone & 7 others	70/100
5th	Wiom 2015, Delhi (India), Series B	Provider of wifi internet services	$65.1M	RTP Global, Bertelsmann India Investments ... & 35 others	66/100
6th	EarthLink 1994, Atlanta (United States), Acquired	Internet service provider	-	Dragon Global, Rally Ventures & 4 others	63/100
7th	Quickline 2006, Hessle (United Kingdom), Acquired	Provider of broadband services for home & business	$14.5M	-	61/100
8th	Excitel 2015, Delhi (India), Series C	Provider of fiber-optic based internet services	$16.1M	NEVEQ, Impetus Capital & 6 others	59/100
9th	RailTel Corporation of India 2000, Delhi (India), Public	Provider of fibre optic internet and public WiFi network services	-	-	59/100
10th	HFCL 1987, Delhi (India), Public	Provider of telecom equipment and fiber cables	-	360 One, Millennium Management & 5 others	58/100