Netcore Cloud

Netcore Cloud is a global marketing technology company that uses AI to help businesses engage with their customers. It is based in Mumbai, India, and works in over 40 countries, serving more than 6,500 brands in areas like e-commerce, retail, banking, media, entertainment, and travel.[1][2]

Netcore Cloud
Private
IndustryMarketing Technology
FoundedDecember 9, 1997; 27 years ago (1997-12-09)
FounderRajesh Jain
HeadquartersMumbai, India
Area served
Worldwide
Number of employees
1,000–5,000
Websitewww.netcorecloud.com

History

Netcore Cloud was started on December 9, 1997, by Rajesh Jain in Mumbai, India.[3][4]

In 1997, Netcore began by offering email, collaboration, and storage services using Linux. In 2006, it launched an SMS marketing platform called MOBILITY SMS SOLUTION. In 2009, it introduced India’s first professional email marketing platform.[5]

Between 2016 and 2017, Netcore expanded internationally to Southeast Asia, Africa, and the USA, and updated its brand image. In 2019, it added analytics, chatbots, AI, and machine learning to its services. That same year, it bought a company called Boxx.ai for around $500,000.[6][7][8]

In 2020, Netcore bought Quinto.ai and Hansel.io (amounts not made public). In March 2022, it acquired Unbxd.ai for about $100 million.[9][10]

References

  1. "SaaS Bootstrapped and Profitable Centaur, Netcore Cloud goes for a strategic rebrand". The Times of India. 2023-01-06. ISSN 0971-8257 . https://timesofindia.indiatimes.com/saas-bootstrapped-and-profitable-centaur-netcore-cloud-goes-for-a-strategic-rebrand/articleshow/96787621.cms. Retrieved 2025-05-08. 
  2. "5 things about AI you may have missed today: AI-enhanced resumes, ByteDance unveils StreamVoice, more". HT Tech. 2024-01-27. Retrieved 2025-05-08.
  3. "Remarkety, a Namogoo Company, Chooses Netcore Cloud to Enhance Deliverability". markets.businessinsider.com. Retrieved 2025-05-08.
  4. "Netcore Cloud Pvt Ltd". bloomberg.com. Retrieved 2025-05-08.
  5. "Build to last: 25-year-old SaaS giant, Netcore Cloud targets major euro-expansion". Business Matters. 2022-10-03. Retrieved 2025-05-08.
  6. "Netcore acquires 90% stake in Unbxd for $100 mn, plans IPO in a year". business-standard.com. March 24, 2022. Retrieved 2025-05-08.
  7. Vaitheesvaran, Bharani (2022-03-24). "Bootstrapped SaaS company Netcore buys US firm Unbxd for $100 million". The Economic Times. ISSN 0013-0389 . https://economictimes.indiatimes.com/tech/technology/bootstrapped-saas-company-netcore-buys-us-firm-unbxd-for-100-million/articleshow/90422131.cms?from=mdr. Retrieved 2025-05-08. 
  8. PTI (2022-03-24). "Netcore acquires 90% stake in U.S.-based Unbxd for $100 mn, plans IPO in a year" (in en-IN). The Hindu. ISSN 0971-751X . https://www.thehindu.com/business/netcore-acquires-90-stake-in-us-based-unbxd-for-100-mn-plans-ipo-in-a-year/article65256287.ece. Retrieved 2025-05-08. 
  9. "Netcore Cloud to Turbocharge Generative AI Capabilities with Google Cloud". adgully.com. November 20, 2024. Retrieved 2025-05-08.
  10. "Marketing Automation Platform Netcore Cloud receives the highest possible scores in Email Value, Vision, and Roadmap: Independent Research Firm". 2024-08-23. Retrieved 2025-05-08.