About Us

CloudExtel – India’s first Full Stack Network as a Service (NaaS) Provider

Vision Statement- CloudExtel will lead the next paradigm shift in network deployment towards emerging technologies and models that enable our customers to deliver the most efficient augmentation of data capacity & coverage

Principles That Guide Our Business:
  • Enable our customers to deliver services to their end users at the most critical points of network stress
  • Scale as a neutral specialist offering full stack sharing to address points where self-deployment economics are not feasible
  • Drive adoption of heterogenous and multi-use networks based on principals & technologies from software and cloud platforms for combatting data consumption explosion and emerging 5G architecture

WHY CHOOSE US

CloudExtel’s focus on excellence, customer centricity & innovation have led us to build processes that are highly scalable and deliver the best services to our customers

WhyChooseUs
  • Identify customers’ challenge areas in network expansion & QoS
  • Develop and launch new services
  • Leveraging foundation in Mumbai to establish product market fit and operating economics
  • Refine best practices & systems to replicate and scale in other geographies
  • In each geography, leverage operational setup for additional new services
  • Build profitably on service standalone basis; synergies across businesses lead to scale and cost optimization rapidly
  • Yields win-win on go-to-market with telco customers
  • Reinforces trust with customers, leading to new opportunities

OUR TEAM

Mr. Tejinder Pal Singh Jaggi

Senior Vice President - Wireless Operations

Mr. Kunal Bajaj

CEO & Co-Founder

22+ years of experience in the Indian Telecom, Internet & Technology space…

Mr. Deepak Saxena

Senior Vice President – Wireline Operations

Over 28 Years of experience and thought leadership in Transport Networks,…

Mr. Balkishan Chandak

Chief Financial Officer

23+ years experience in Corporate Finance, Strategic Planning, Financial Analysis,…

Mr. Tejinder Pal Singh Jaggi

Senior Vice President - Wireless Operations

Mr. Rashmin Vyawahare

VP - Strategy and BIS

17+ years of experience in business strategy, product management and VC …

Mr. Rashmin Vyawahare

VP - Strategy and BIS

17+ years of experience in business strategy, product management and VC …

Mr. Yash Upadhyay

VP - Network Planning and Technology

21 years of work experience in Planning, Rollout, NOC Operations,…

Mr. Shashank Goenka

VP - Buisness Development & Sales

13+ years of experience in Key Account Management, Strategic Alliance…

Mr. Shashank Goenka

VP - Emerging Business

13+ years of experience in Key Account Management, Strategic Alliance…

OUR Board

Mr. Ashish Jalan

4th Generation entrepreneur Set up leading process automation co based out of …

Mr. Brandon Prater

Brandon has over 28 years of experience in financing and investing in…

Mr. Ivan Verughese

Ivan Varughese is the Head of Infrastructure & Energy Capital …

Mr. Kunal Bajaj

22+ years of experience in the Indian Telecom, Internet & Technology space…

Mr. Maheep Jain

Maheep has over 16 years of experience in minority, build-out and buy-out investments….

Mr. Naveen Chopra

30+ years of work experience in Telecom & FMCG Joined Hutch/ Vodafone in 2004 as …

Mr. Oliver Bradley

Oliver Bradley is a Senior Managing Director, responsible for Digital…

Mr. Sol Proops

Sol is an Infrastructure and energy business & project leader with experience …

Brandon Prater

More than 28 years of experience in financing and investing …

Oliver Bradley

Senior Managing Director responsible for Digital Infrastructure…

Mr. Arjun Soota

30+ years of work experience in Banking & Corporate Sector; Advising companies on …

OUR HERITAGE

Group Overview – Hamilton and Company /Bombay Gas

A reputed business house


  • The growth of telecom and high demand for high-speed internet connectivity post the launch of 3G data services in India, provided an opportunity for BGCL to leverage its gas pipeline infrastructure to deploy Fibre Optic cables inside the cast-iron pipes.
  • CloudExtel, started operations in 2014 as a dark fiber leasing company in South Mumbai, however, has rapidly grown to be India’s first full stack Network as a Service (NaaS) company with presence in over 21 States and Union Territories & 400+ cities and towns.
  • CloudExtel has marquee customers such as Airtel, Vodafone Idea, Tata Communications, Tata Sky, RailTel, Power Grid Corporation of India, and strategic partnerships with leading global tech companies.
  • CloudExtel has experienced management team with a 100+ years of combined experience and track record for successful delivery.

JOIN US

Please reach out to us at [email protected] for
exciting opportunities to join our rapidly growing team .

Mr. Tejinder Pal Singh Jaggi
Senior Vice President - Wireless Operations
  • 25 years of work experience in Wireless and Wireline Planning, Rollout, Operations, Automation, Transformation and Cost Optimization
  • Past Experience – Bharti Airtel, Circle CTO for Tata Docomo and Director-Fiber, Infra and Enterprise in Ericsson India Ericsson India
  • Education – BE: Electronics and Telecommunications, MBA-Systems, Certification from IIT Delhi in Project Management
  • Certifications – Certified Process Auditor, Six Sigma Black Belt, Certified TBEM Auditor (Tata business Excellence Module)
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Mr. Kunal Bajaj
CEO & Co-Founder
  • 22+ years of experience in the Telecom, Internet & Technology space
  • Past Experiences – Partner and Director India at Analysys Mason (founder of the company acquired by AM), Advisor at TRAI, Director on the Board of One97/Paytm, previously worked at McKinsey & Co. (NY), Jio; 3x start-up
  • Education – University of Pennsylvania (Wharton & Engineering Schools); Graduated Honors with Bachelors in Computer Science, Masters in Telecommunications & Networking, Management & Finance Bachelors
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Mr. Deepak Saxena
Senior Vice President – Wireline Operations
  • Over 28 Years of experience and thought leadership in Transport Networks, especially optical communications systems with leadership stints across large Indian operators. In the most recent roles at Idea and then Vodafone Idea, engineered the optical and IP transport network for 4G/Enterprise from conceptualization to operationalization for Pan India Network. Headed the automation process of networks in building integrated NOC and initiated the movement to NFV platform. Managed Planning, Project and Operations in rolling out Pan India Optical Fiber Network.
  • Past Experience – Started career in Indian Telecomm services (ITS) from Department of Telecom (DoT), and in past worked in Bharat Sanchar Nigam Limited (BSNL), Reliance Infocomm, Idea Cellular Ltd and Vodafone Idea Ltd.
  • Educational Qualifications – Bachelor’s Degree in Electronics and Communication and MBA in Marketing, certified business course from IIM Kolkata and Stanford University.
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Mr. Balkishan Chandak
Chief Financial Officer
  • 23+ years experience in Corporate Finance, Strategic Planning, Financial Analysis, System Development, Supply Chain, Legal & Secretarial
  • Past Experience – Founder of SMART CFO Services, Country CFO & CS in ARAMARK India. Worked in various capacities in Future Group (Retail), Shoppers Stop (Retail), Goldshield International (Pharma), Coca Cola India (FMCG & Mfg.) and HINDALCO (Mfg.)
  • Education – Chartered Accountant, Company Secretary, B. Com (H)
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Mr. Rashmin Vyawahare
VP - Strategy and BIS
  • 17+ years of experience in business strategy, product management and VC investments
  • Past Experience – Jio, Aircel, Reliance Capital, Cambridge Broadband Networks and Tata Communications
  • Education – Post Graduate Diploma in Wireless Telecommunications from Humber College, Toronto, Canada; University of Mumbai (Electronics)
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Mr. Yash Upadhyay
VP - Network Planning and Technology
  • 21 years of work experience in Planning, Rollout, NOC Operations, Network Transformation
  • Past Experience – Ericsson as Expert Solution Architect, Regional Head in Tata Docomo for Planning and RAN Network Operation
  • Education – Bachelor’s of Technology degree from JRN University
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Mr. Shashank Goenka
VP - Buisness Development & Sales
  • 13+ years of experience in Key Account Management, Strategic Alliance, Sales & Marketing, Product Management, Business Planning & Strategy
  • Past Experience – Jio, Sterlite, Reliance Globalcom
  • Education – MBA in International Business & Marketing from ITM (Mumbai), EDHEC (France) and ESSCA (Hungary)
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Mr. Ashish Jalan
  • 4th Generation entrepreneur
  • Set up leading process automation co based out of Calcutta
  • Acquired and runs an Electrical businesses in Chennai and in the UK
  • Acquired from the TVS Group, turned around and sold a Railway Signalling Business
  • Founded the telecom business using the groups redundant assets
  • All businesses run with high corporate governance and no external debt
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Mr. Brandon Prater
  • Brandon has over 28 years of experience in financing and investing in infrastructure, primarily in the European energy and telecom sector. Brandon is an advisor to Macquarie Capital. Previously he was the Co-Head of Partners Group Infrastructure where he helped grow the business into a USD 10bn AUM global investment platform. He chaired the Infrastructure Investment Committee and represented Infrastructure on the Global Investment Committee.
  • Prior to that, Brandon was an Investment Director and member of the investment committee at Infracapital inaugural fund. While at Infracapital he worked with the team successfully invest GBP 900m, focusing on the European telecom and energy sectors. Prior to Infracapital Brandon was a Senior Investment Officer for the AIG-backed USD 550m Emerging Europe Infrastructure Fund, where he focused on the energy, materials and telecom sectors.
  • In addition to equity investment, Brandon’s earlier career experience includes project finance and overseas development/assistance.
  • Brandon holds a Bachelor of Science in Business Administration from the University of Colorado, Boulder and a Masters of Business Administration from the University of Chicago.
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Mr. Ivan Verughese
  • Ivan Varughese is the Head of Infrastructure & Energy Capital, Asia Pacific and Senior Managing Director, Infrastructure and Energy Capital Macquarie Capital. Ivan joined Macquarie Capital in 2006 as part of the Australian infrastructure team and led the Infrastructure & Energy Group in Australia and New Zealand from 2017. In 2020, he moved to Singapore to be the Head of the Green Investment Group, Asia Pacific.
  • At Macquarie Capital, Ivan has been involved in several transactions in a financial advisory capacity such as the sale of their Australian renewables portfolio, ANZ Terminals on the acquisition of Graincorp’s bulk liquid terminals, UniSuper on its potential acquisition in Hobart Airport, MIRA-led consortium on its winning bid for the long term lease of Endeavour Energy from the State of NSW for proceeds of $7.6 billion (2017) and many more.
  • His experience extends across both principal investing and financial advisory. Ivan was appointed to his current role in April 2022. Infrastructure & Energy Capital (IEC) is one of Macquarie Capital’s principal investment businesses and is focused on economic and social infrastructure, digital infrastructure, as well as energy transition infrastructure.
  • Ivan holds a Master of Finance from INSEAD, a Bachelor of Law and a Bachelor of Commerce, from the University of Melbourne.
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Mr. Maheep Jain
  • Maheep has over 16 years of experience in minority, build-out and buy-out investments across infrastructure sectors, with a strong focus on energy transition. Maheep joined Macquarie Capital in 2022 as Managing Director, Infrastructure & Energy Capital in India. He has been responsible for the full lifecycle of deals from origination and execution to portfolio management with cumulative equity investments of ~ $1bn.
  • Maheep has Led several marquee investments, viz. $140m in Ayana Power, $85m in Greencell Mobility along with co-leading an acquisition of a 70% stake in Globeleq, the largest IPP in Africa, in a $530m equity deal. He has also served as a board member of several companies.
  • Prior to joining Macquarie Capital, Maheep was an MD at EverSource Capital (US$750m energy transition fund in India) where he invested across renewable, e-mobility and resource efficiency sectors. Prior to EverSource, he was an investment director with CDC Group in London where he led transactions across emerging markets. Maheep started his career with Bechtel Corporation in Houston where he worked on large oil and gas infrastructure projects globally.
  • Maheep holds an MBA from London Business School and a Bachelor of Engineering from IIT Guwahati.
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Mr. Naveen Chopra
  • 30+ years of work experience in Telecom & FMCG
  • Joined Hutch/ Vodafone in 2004 as CMO and then was the Business Head of the largest circle (Mumbai) while also overseeing Rajasthan; post Vodafone acquisition of Hutch was instrumental in establishing VF’s Enterprise Business in India – drove it to become a US$ 1Bn business in 5 years
  • Was COO of the company for 2 years till the company announced its merger with Idea in 2017
  • Exec Committee Member of Vodafone India, and Global Senior Leadership Team of Vodafone Group
  • Prior to Vodafone worked at Britannia Industries in various roles in Sales and Marketing for 16 years. His last role was Head of Marketing for the core Bakery business
  • Worked with TPG as Senior Advisor, and currently on the Advisory Board of mid sized companies
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Mr. Oliver Bradley
  • Oliver Bradley is a Senior Managing Director, responsible for Digital Infrastructure Investments within the Infrastructure and Energy Capital division of Macquarie Capital, the advisory, capital markets and principal investment arm of Macquarie Group Limited. The Digital Infrastructure team invests directly in and supports the growth of companies that are facilitating the increasing data consumption of businesses and consumers, including fibre networks and data centres.
  • Since returning to Macquarie in 2019 (he previously worked at the firm from 2005-15), Oliver has led Macquarie Capital’s investment into Voneus, a UK rural Fixed Wireless to Fibre broadband developer and Onivia, a new SPV Macquarie established to acquire Fibre to the Home networks in Spain, creating Spain’s first wholesale-only FTTH network with a footprint in excess of 4m homes.
  • Prior to re-joining Macquarie, Oliver was Corporate Finance Director at CityFibre, the wholesale FTTx business and largest UK Altnet. Before CityFibre, Oliver was a commercial specialist at the Infrastructure and Projects Authority, part of the UK government. There he advised ministers on digital infrastructure policy and was responsible for the Digital Infrastructure Investment Fund, which saw the UK government commit £400m, matched by private sector investors on the same terms, to invest in UK fibre.
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Mr. Sol Proops
  • Sol is an Infrastructure and energy business & project leader with experience spanning over 2 decades. He is the Head of Asset Creation, Asia for the Macquarie Group where he is responsible for technical and commercial input into the acquisition, integration, turnaround, operation and sale of businesses and projects across Macquarie Capital’s Asian Infrastructure & Energy Group (IEG).
  • Sol has served as an interim CEO for Blueleaf Energy driving its mission to develop, deliver and operate safe, high-quality, ethical onshore renewable energy projects, delivering a greener energy mix and lower power bills. He also served as the CEO of MB Asset Management (Japan), seconding from the Macquarie Group.
  • Prior to Macquarie Group, Sol was a Project Manager with Broadspectrum for National Broadband Network (NBN) in NSW and a Senior Project Manager with Macquarie Capital, KBR, Melbourne 2006 Commonwealth Games, and CrossCity Motorway.
  • Sol holds a Bachelor in Civil Engineering and a Bachelor in Commerce from the University of Wollongong, New South Wales Australia.
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Mr. Oliver Blackaby
  • 30+ years of advisory experience
  • With Rothschild for 17 years, initially focussed on acquisitions, privatisations and restructuring across the globe, then setting up Rothschild’s India business and establishing mid-market PEH coverage in London
  • Range of independent advisory roles include: advised Bennett Coleman on their acquisition and operation of Virgin Radio, operating partner of Advent International’s India business, and advisor to L&T Infrastructure Finance; Crown Commercial Lead in UK Govt Cabinet Office
  • Non-Exec roles include: Absolute Radio, Acrastyle, NHS Professionals (UK Gov’t-owned company)
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Mr. Arjun Soota
  • 30+ years of work experience in Banking & Corporate Sector; Advising companies on business and financial strategy, business development, corporate finance and fund raising
  • Focus on Telecom Media and Technology sectors for 15+ years – Deal origination and execution across a broad range of products and markets
  • Led multi-product, multi-cultural teams in origination and execution of transactions, working extensively in developed and emerging markets in Asia and Africa
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