NSEIT, a wholly-owned subsidiary of the National Stock Exchange of India, said it has acquired majority stake in Cloudxchange.io, an emerging leader in cloud services. Cloudxchange.io augments NSEIT’s vision of becoming a cloud native, niche and innovative digital solution provider for enterprises. The addition of new age cloud offerings of Cloudxchange.io to NSEIT’s digital transformation portfolio will further enhance its offerings to provide a complete 360° digital transformation suite for its enterprise clients. As per Nasscom’s report, 63% of India’s enterprises have increased investments in hybrid cloud which is higher than the global average of 46%. With this addition of Cloudxchange.io, NSEIT will offer end to end digital transformation solutions from cloud to security. Cloudxchange.io is a multi-cloud managed services provider, ie, for AWS, Azure, Google and Oracle Cloud.
