When was RackBank founded?

RackBank was founded in 2013 and raised its 1st funding round 12 years after it was founded.

Where is RackBank located?

RackBank is headquartered in Navi Mumbai, India. It is registered at Unit No.401, Plot No. 12/A/A, Astra Building Dr, Scheme No. 74C Vijay Nagar, Scheme No 54, Vijay Nagar, Indore, Indore, Madhya Pradesh, India, 452010.

Who is the current CEO of RackBank?

Narendra Sen of RackBank. They have also founded 1 company.

Which legal entities is RackBank associated with?

RackBank is associated with RACKBANK DATACENTERS PRIVATE LIMITED.

How many employees does RackBank have?

As of May 31, 2026, RackBank has 95 employees, reflecting a 56% year-over-year growth in headcount.

Is RackBank a funded company?

RackBank is a funded company, having raised a total of ₹***** in its 1st and only funding round, a Seed round on Mar 08, 2025.

How much is RackBank worth?

The latest valuation of RackBank is ₹***** as of Mar 08, 2025.

When was the latest funding round of RackBank?

RackBank's latest funding was a ₹***** Seed round on Mar 08, 2025, with participation from 15 investors. Its primary sector is Data Center Infrastructure. In India, the Data Center Infrastructure sector has seen $888M in funding in 2026 to date.

What is the annual revenue of RackBank?

Annual revenue of RackBank is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does RackBank rank among its competitors?

RackBank ranks 31st amongst 436 active competitors, of which 78 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Databricks, which secured $5B in Aug, 2026.

Who are the top competitors of RackBank?

RackBank's top competitors include Databricks, Oracle and DigitalOcean. Among them, Databricks secured the most recent funding round in August, 2026.

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

Company Details

Operator of data centers providing infrastructure for artificial intelligence workloads. Services include colocation, bare metal server hosting, and cloud computing environments. Facilities utilize liquid cooling technology to manage heat generated by high-density hardware configurations. The infrastructure supports machine learning, deep learning, and data-intensive processing requirements. Clients utilize these environments to deploy and scale computational resources for various technical applications.

Website: www.rackbank.com/
Social
Email ID: *****@rackbank.com
Phone Number: +91 **********
Registered Address: Unit No.401, Plot No. 12/A/A, Astra Building Dr, Scheme No. 74C Vijay Nagar, Scheme No 54, Vijay Nagar, Indore, Indore, Madhya Pradesh, India, 452010

Key Metrics

Founded Year

2013

Location

Navi Mumbai, India

Stage

Seed

Total Funding

$16.5M in 1 round

Latest Funding Round

Seed, Mar 08, 2025, ₹*****

Post Money Valuation

₹***** as on Mar 08, 2025

Investors

Lucky Investment Managers & 22 more

Ranked

31^st among 436 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

95 as on May 31, 2026

Similar Companies

OVHcloud & 29 more

View RackBank's full profile

RackBank is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RACKBANK DATACENTERS PRIVATE LIMITED CIN: U72200MP2013PTC029849 , India, Active	Jan 08, 2013	₹10 - ₹50 Cr (As on Mar 31, 2025)	95 (As on May 01, 2026)

RackBank has raised a total funding of $16.5M over 1 round. Its latest funding round was a Seed round on Mar 08, 2025 for ₹*****. 15 investors participated in its latest round. RackBank has 2 institutional investors and 21 angel investors.

Here is the list of recent funding rounds of RackBank:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 08, 2025	5974784	Seed	7498372	1417135	9251804	5832869

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View details of RackBank's funding rounds and investors

The founders of RackBank is Narendra Sen. Narendra Sen is the CEO of RackBank.

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

Narendra Sen: Founder & CEO of RackBank. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number

RackBank's Board of Directors

RackBank's board has 2 active members. Narendra Sen and Sonu Sen are part of team.

Here is the list of RackBank's board of directors:

Name	Type	Representing	Status	Duration
Narendra Sen	Team	-	Current	13y 7m
Sonu Sen	Investor	-	Current	13y 7m

View details of RackBank's Founder profiles and Board Members

RackBank's employee count trend

RackBank has 95 employees as of May 26. The total employee count is 56.0% more than what it was in May 25. Here is RackBank's employee count trend over the years:

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Top competitors of RackBank include Databricks, Oracle and DigitalOcean. Here is the list of Top 10 competitors of RackBank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Databricks 2013, San Francisco (United States), Series L	Data and AI platform that unifies analytics	$25.2B	Andreessen Horowitz, Insight Partners & 118 others	83/100
2nd	Oracle 1977, Austin (United States), Public	Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management	-	rifvc.com, Glynn Capital & 32 others	83/100
3rd	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Access Technology Ventures ... & 47 others	80/100
4th	Dell 1984, Round Rock (United States), Public	Provider of enterprise servers and cloud solutions	-	CampVentures, JPMorgan Chase & 11 others	80/100
5th	OVHcloud 1999, Reston (United States), Public	Provider of bare metal servers, virtual private servers, and cloud solutions	$279M	KKR, TowerBrook & 8 others	79/100
6th	Altair 1985, Troy (United States), Acquired	Provider of enterprise software for simulation, data analytics, AI, and HPC	$35.1M	General Atlantic, Shefa Capital & 3 others	77/100
7th	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 3 others	74/100
8th	QlikTech 1993, Radnor (United States), Acquired	Provider of data integration, data quality, and analytics solutions	$12.5M	Thoma Bravo, ADIA & 6 others	72/100
9th	Yotta 2019, Mumbai (India), Series D	Provider of data center, cloud, AI, and cybersecurity infrastructure services	$150M	SBI, Cornerstone Ventures	72/100
10th	DataRobot 2012, Boston (United States), Series G	Provider of an agent workforce platform for enterprise artificial intelligence	$1.05B	New Enterprise Associates, Sapphire Ventures ... & 77 others	71/100
31st	RackBank 2013, Navi Mumbai (India), Seed	Operator of data centers providing infrastructure for artificial intelligence workloads	$16.5M	Lucky Investment Managers, KRIIS & 21 others	58/100

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Founders (largest shareholder) own 41.49%, Funds own 37.65%, Enterprises own 0.23% and Angels own 18.57%. The net worth of RackBank's founders is INR 362Cr as of Mar 08, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	41.49%	362Cr	6618395	7691529	2506503	6824579
Narendra Sen	9072600	9364288	1235240	4540634	6021695	4006326
Fund	37.65%	328Cr	6908569	9536838	5877555	2105613
Enterprise	0.23%	2Cr	0	0	0	0
Angel	18.57%	162Cr	6049165	5649166	4721522	5791718
Ashish Kacholia	773	196	246	727	657	707
Madhulika Agarwal	851	184	976	921	341	835
Other People	2.06%	18Cr	62	67	62	51
Total	100.00%	872Cr	7984366	9649581	3725676	4783761