CloudExtel raises Rs 200 crore in debt funding to expand network infrastructure
Apr 24, 2024•about 1 year ago
Amount Raised
₹200 Million
Round Type
seed
Description
CloudExtel, a telecom infrastructure provider in India, has secured Rs 200 crore in its first external debt funding. The company plans to use the capital infusion to intensify its market presence in Fiber and Small Cells deployment, aiming to address the substantial growth in India's digital landscape.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech