Mumbai: Netcore Cloud, a globally recognized SaaS company bringing the best of Martech and CPaaS world together, today announced the appointment of Nishant Jain as Group Head for Business Strategy & Corporate Development. In line with its global expansion aspirations, the company has carved out this new role to strengthen Netcore Cloud’s global presence and drive its market share in strategic markets through acquisitions.
“Nishant Jain’s appointment comes at a time when Netcore Cloud is working towards our IPO launch and looking at global expansion in the US & European markets. We are confident that his presence will fuel and fast-track Netcore Cloud towards overseas expansion and our target of growing our ARR base by 2x in 2 years to reach $150 million. Nishant’s wealth of experience and knowledge in technologically empowering businesses will also help propel our partner-base and benefit the overall SaaS ecosystem,” said Kalpit Jain, Group CEO, Netcore Cloud.
Since 2019, the company has undertaken a series of three major acquisitions, the first being Quinto.ai, followed by Boxx.ai & Hansel.io, and the most recent investment in Easyrewardz, an Omnichannel Customer Lifecycle Management (CLM) platform. These strategic investments underline Netcore Cloud’s position as a marketer’s & product managers’ one-stop solution to provide AI-powered intelligent customer experiences across all touchpoints of the user’s journey.
Earlier this year, the company was rebranded from Netcore Solutions to Netcore Cloud, aligning towards its expertise in providing marketers with a full-stack cloud suite of solutions, under a single, integrated platform. Netcore Cloud now represents a formidable force in AI-powered customer engagement and experience empowering over 5000 brands across the globe. Netcore Cloud enjoys sheer dominance in the Indian & SEA region with 75% of India’s email traffic and 50% of Asia’s email traffic being operated through Netcore Cloud. Today 3 of 4 enterprises in India and 8 out of 10 unicorns use at least one of Netcore Cloud’s products. Moving up the needle, the company has been aggressively expanding the US, European, and South African regions for the last couple of years.
“In today’s digital-first world, where digital adoption & consumption is growing at an unprecedented pace, I believe Netcore Cloud is uniquely positioned to benefit from this disruption with its modern full-stack platform (email/push notifications/SMS/Whatsapp) across personalization, automation, best in class analytics (AI/ML) and delivery all working seamlessly on one platform. Also, the pace at which Netcore Cloud has been growing over the last 2-3 years is commendable and testimonial to their execution speed & best in class AI-powered Customer engagement and Experience platform. Excited to join Netcore Cloud, as we leverage our market leadership positioning in India and SEA to across EU and US as well.” said Nishant Jain.
Nishant comes with rich experience in Business Strategy, M&A operations, Corporate Development, and a wealth of knowledge from the SaaS world. Prior to joining Netcore Cloud, Nishant held leadership roles at organizations like EY, Exfinity Ventures, and Eka Software Solutions to name a few.