Netcore Cloud, a martech and CPaaS company, has announced its plans to increase its revenues from international markets across North America, South America and Europe to 40 per cent by 2025 through strategic partnerships and acquisitions. The company will also be expanding in other regions including ANZ, Middle East and the African continent. It will be touching 1,600+ employees by 2022, towards fulfilling its international growth plans.
Inspired by its growing popularity in the Asian continent, Netcore Cloud recently ventured into other regions including America, Africa, Australia and New Zealand and the Middle East. Today the company operates two successful offices in New York and Ottawa. It has appointed Chantal Capablanca as the country head for Australia and New Zealand. Since entering Europe last year, it has successfully established regional offices in Berlin and Madrid. Netcore Cloud will launch microsites in German, Spanish, and Portuguese to strengthen its euro-expansion ambitions and to cater to a diverse user base. The company has also announced its foray into Bangladesh with Brac Bank and Standard Chartered Bank. It will be targeting other sectors including telcos, e-com, fintech, foodtech, airlines, travel and retail in the days to come.
Speaking about this global expansion, Abithab Bhaskar, International CEO, Netcore Cloud says, “The growing need for technology companies coupled with relaxed regulations and talent pool has presented a favourable environment for Indian technology companies to penetrate international markets seamlessly. As a result,Netcore Cloud now sees a huge potential in the global markets and aims to double growth through organic and inorganic partnerships and acquisitions in the next two years. Netcore Cloud believes that the pandemic and subsequent lockdown have given rise to an entrepreneurial economy with a startup-friendly environment. To help startups optimise the benefits of Netcore Cloud’s market leading technology stack, the company will be extending credits of $10,000 for startups in these countries.”
Commenting on the company’s plan of global expansion, Kalpit Jain, Group CEO, Netcore Cloud said, “In the coming years, international expansion will be a major growth driver for Netcore Cloud. We presently have a strong leadership position in India. We want to replicate this feat in America, Europe, Africa, Australia and New Zealand and the Middle East as well. Email marketing has been making a lot of noise in global markets. Netcore Cloud’s email business saw exponential growth of 50 per cent post the pandemic lockdown, with US$ 12.5 billion coming from emerging markets alone. Our dominance in the AI-powered customer engagement and personalisation space over the last two decades uniquely positions us to capture a larger market share. By 2022, we will have a strong global team of 1,600+ fueling the company’s dynamic growth and maintaining our global market leadership in SaaS solutions.”