Netcore Cloud targets expansion into international markets in the next two years

Netcore Cloud has announced its plans to increase its revenues from international markets across North America, South America & Europe to 30-40% by 2025 through strategic partnerships and acquisitions. The company will also be expanding in other regions including ANZ, Middle East and the African continent and plans to touch 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 & New Zealand and the Middle East. The company operates two offices in New York and Ottawa while also appointing Chantal Capablanca as the country head for Australia & New Zealand.

Since entering Europe last year, Netcore 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, Ecom, 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.

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 & 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% post the pandemic lockdown, with ~70% or $12.5 billion coming from emerging markets alone. Our dominance in the AI-powered customer engagement and personalization 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”.