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NSE tech subsidiary acquires stake in Cloudexchange.io

July 15, 2021

NSE tech subsidiary acquires stake in Cloudexchange.io

NSEIT Ltd, the IT-services focused subsidiary of NSE, on Wednesday said it has gained larger part stake in incorporated cloud service provider Cloudxchange.io.

Notwithstanding, the financial details of the deal were not disclosed.

With this addition of Cloudxchange.io, NSEIT will offer end to end digital transformation solution from cloud to security, NSEIT said in a statement.

Established in 2016, Cloudxchange.io is a multi-cloud managed service provider for AWS, Azure, Google and Oracle Cloud. It has expanded its offerings to cloud consulting, multi-cloud aggregation, and cloud back-up and disaster recovery.

It has more than 250 enterprise customers across sectors including Banking, banking services and insurance (BFSI), manufacturing, logistics and the government.

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