Netmagic Solutions - About the company
Netmagic Solutions is an acquired company based in Mumbai (India), founded in 1998 by Sharad Sanghi. It operates as a Data center colocation and cloud infrastructure provider. Netmagic Solutions has raised $48.8M in funding from investors like NGP Capital, Nexus Venture Partners and Cisco Investments, with last known valuation of ₹*****. The company has 893 active competitors, including 79 funded and 232 that have exited. Its top competitors include companies like Oracle, IBM and DigitalOcean.
Company Details
Data center colocation and cloud infrastructure provider. Its services cater to a range of industries and offer a suite of solutions for data center infrastructure lifecycle management. It offers colocation with racks, cabinets, and cages in its data centers. It also delivers services to plan, design, manage, support, and migrate IT infrastructure running mission-critical applications. Its IaaS services include public cloud, hybrid cloud, managed security & and cloud object storage.
- Website
- www.netmagicsolutions.com
- Social
- Registered Address
- Lighthall 'C' Wing, Hiranandani Business Park, Saki Vihar Road, Chandivali, Mumbai City, Mumbai, Maharashtra, India, 400072
Key Metrics
Founded Year
1998
Location
Mumbai, India
Stage
Acquired
Total Funding
$48.8M in 7 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Jun 30, 2011
Investors
Ranked
43rd among 893 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
596 as on Sep 30, 2026
Investment & Acquisitions
Exit Details
Acquired by NTT Communications (Jan 25, 2012)
Legal entities associated with Netmagic Solutions
Netmagic Solutions is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
NTT GLOBAL DATA CENTERS & CLOUD INFRASTRUCTURE INDIA PRIVATE LIMITED CIN: U72900MH2005PTC153896 , India, Active | Jun 10, 2005 | ₹1,000+ Cr (As on Mar 31, 2022) | 1515 (As on Mar 01, 2026) | |
NETMAGIC SOLUTIONS PRIVATE LIMITED CIN: U73900MH1998PTC116053 , India, Active | Jul 30, 1998 | ₹1,000+ Cr (As on Mar 31, 2025) | 21 (As on Aug 31, 2025) |
Netmagic Solutions's acquisition details
Netmagic Solutions got acquired by NTT Communications on Jan 25, 2012 at an acquisition amount of $*****.
Click here to take a look at Netmagic Solutions's acquisition in detail
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Netmagic Solutions's funding and investors
Netmagic Solutions has raised a total funding of $48.8M over 7 rounds. Its first funding round was on 2000. Its latest funding round was a Conventional Debt round on Feb 20, 2026 for $*****. 1 investor participated in its latest round. Netmagic Solutions has 13 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of Netmagic Solutions:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 20, 2026 | 9249152 | Conventional Debt | 5020119 | 3917724 | 3100690 | 5492345 |
Mar 28, 2025 | 4668997 | Conventional Debt | 5508695 | 7802904 | 8039460 | |
Mar 29, 2024 | 3348040 | Conventional Debt | 2298171 | 6117817 | 1871084 |
Access funding benchmarks and valuations. Sign up today!View details of Netmagic Solutions's funding rounds and investors
Netmagic Solutions' founders and board of directors
Founder? Claim ProfileThe founders of Netmagic Solutions is Sharad Sanghi.
Here are the details of Netmagic Solutions' key team members:
- Sharad Sanghi: Former Founder of Netmagic Solutions. Contact Info: 1 phone number
Netmagic Solutions' Board of Directors
Netmagic Solutions's board has 10 active members. Sunil Gupta, Sharad Sanghi, Hideki Kurihara, Shigeki Hayashi, Yogesh Martand Vaidya and Nitin Laxmikant Mishra are part of team and Shekhar Sharma, Varghese Thomas, Takahiro Wada and Kiyoshi Maeda are independent board members.Here is the list of Netmagic Solutions' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 21y 2m | |
bkwq{js | Team | - | Current | 3y 2m |
tbztllb | Team | - | Past | 2y 8m |
k{suabc | Team | - | Past | 2y 1m |
{qnubyk | Team | - | Past | 4y 8m |
gztqxzx | Team | - | Past | 5y 2m |
waaqnnr | Team | - | Past | 4y 9m |
atpipqr | Investor | - | Past | 3y 8m |
lyaciwi | Investor | blblmhp | Past | 6y 2m |
{vwuxok | Investor | ztemvif | Past | 8y 4m |
Independent board member | - | Current | 8y 5m | |
utwwq{u | Independent board member | - | Past | 6y 9m |
kvkodkq | Independent board member | - | Past | 6y 3m |
glevoux | Independent board member | - | Past | 5y 6m |
zh{iwuc | Independent board member | - | Past | 1y 7m |
tosbmdo | Independent board member | - | Past | 2y 5m |
View details of Netmagic Solutions's Founder profiles and Board Members
Netmagic Solutions' employee count trend
Netmagic Solutions has 596 employees as of Sep 26. Here is Netmagic Solutions's employee count trend over the years:
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Netmagic Solutions's Competitors and alternates
Top competitors of Netmagic Solutions include Oracle, IBM and DigitalOcean. Here is the list of Top 10 competitors of Netmagic Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
2nd | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
3rd | DigitalOcean 2011, New York City (United States), Public | Provider of cloud infrastructure, virtual machines, and managed database hosting | $174M | 80/100 | |
4th | Dell 1984, Round Rock (United States), Public | Provider of enterprise servers and cloud solutions | - | 80/100 | |
5th |  Equinix 1998, Redwood City (United States), Public | Operator of data centers providing colocation and network interconnection services | $175M | 78/100 | |
6th | Nutanix 2009, San Jose (United States), Public | AI powered cloud management software for enterprises | $317M | 75/100 | |
7th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
8th | DataBank 2005, Dallas (United States), Acquired | Provider of colocation, cloud, bare metal, interconnection, and managed services | $2.44B | 73/100 | |
9th | ST Telemedia Global Data Centres 2014, Singapore (Singapore), Acquired | Operator of data centers providing colocation and network connectivity services | $1.3B | 73/100 | |
10th | Provider of data center, cloud, AI, and cybersecurity infrastructure services | $150M | 72/100 | ||
43rd | Netmagic Solutions 1998, Mumbai (India), Acquired | Data center colocation and cloud infrastructure provider | $48.8M | 60/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Netmagic Solutions's competitors? Click here to see the top ones
Netmagic Solutions's Investments and acquisitions
Netmagic Solutions has acquired ActOnCloud. Netmagic Solutions has not made any investments as of now.Reports related to Netmagic Solutions
Here is the latest report on Netmagic Solutions's sector:
News related to Netmagic Solutions
Filter this list•
Government allows NTT Communications to raise stake in NetmagicIndiatimes•Aug 11, 2022•Netmagic Solutions, NTT Communications
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Netmagic Strengthens Partnership with Google Cloud India as Certified Managed Services ProviderExpress Computer•Feb 09, 2021•Netmagic Solutions, Google, Google Cloud
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IBM selects Netmagic to offer QRadar as a serviceExpress Computer•Sep 15, 2020•IBM, Netmagic Solutions
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Netmagic Partners with Zerto to Expand its Disaster Recovery as a Service (DRaaS)Express Computer•Aug 04, 2020•Netmagic Solutions, Zerto
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Netmagic Rolls Out SaaS-Based Application Performance Monitoring ServicesDigital Terminal•Jul 21, 2020•Netmagic Solutions, AppDynamics
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Google Cloud, Netmagic partner to launch Centre of ExcellenceTheNewsMinute•Jul 07, 2020•Netmagic Solutions, Google Cloud
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VMware Partners with Netmagic to Launch CloudHealth Service in IndiaExpress Computer•Jun 30, 2020•Netmagic Solutions, VMware
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NTT Ltd with 28 brands under one umbrella now in IndiaUdaipur Kiran•Oct 01, 2019•NTT Communications, Netmagic Solutions, nttsecurity.com, Arkadin
•
NTT to rebrand subsidiaries including RagingWire, e-shelter and NetMagicDCD•Sep 20, 2019•NTT Communications, RagingWire, Netmagic Solutions
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