What is Netmagic Solutions?
Headquartered in Mumbai, Netmagic Solutions operates as a wholly-owned subsidiary of NTT Communications, positioning itself as India's premier provider of Managed Hosting and Multi-Cloud Hybrid IT solutions. The company maintains a sophisticated network of nine carrier-neutral, high-density data centers. Beyond its core hosting capabilities, Netmagic provides comprehensive Remote Infrastructure Management (RIM) services, serving over 2,000 enterprises worldwide. As a pioneer in the Indian market, the firm was the first to introduce advanced service models including Cloud Computing, Managed Security, and Disaster Recovery-as-a-Service (DRaaS), consistently earning top-tier recognition from industry analysts like Cloudscene.
How much funding has Netmagic Solutions raised?
Netmagic Solutions has raised a total of $36M across 2 funding rounds:
Series B
$20M
Series C
$16M
Series B (2008): $20M with participation from Nexus Venture Partners
Series C (2010): $16M led by Nokia Growth Partners, Nexus Venture Partners, Cisco Systems, Inc., and Fidelity International
Key Investors in Netmagic Solutions
Nokia Growth Partners
A venture capital firm backed by Nokia, focusing on growth-stage investments in the technology and telecommunications sectors.
Nexus Venture Partners
A prominent venture capital firm specializing in early-stage and growth capital investments across the technology landscape.
Cisco Systems, Inc.
A global leader in networking and IT infrastructure, providing the foundational hardware and software for modern data center operations.
What's next for Netmagic Solutions?
Following its major enterprise-level funding, Netmagic is strategically positioned to further integrate its operations with the global NTT Communications ecosystem. The focus remains on expanding its high-density data center capacity to meet the surging demand for software-defined storage and secure cloud environments. By leveraging its established reputation for digital transformation, the company is poised to capture additional market share in the Asia-Pacific region, while continuing to refine its RIM offerings to support the complex, multi-cloud requirements of modern global enterprises.
See full Netmagic Solutions company page
