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Rajesh Jain, pioneer of India's dotcom era, preps IPO for second startup

Rajesh Jain, 54, a pioneer of India's internet industry, is readying his second startup Netcore Cloud Pvt. for an initial public offer within the next year

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Saritha Rai | Bloomberg
Rajesh Jain, 54, a pioneer of India’s internet industry, is readying his second startup Netcore Cloud Pvt. for an initial public offer within the next year, fresh after a $100 million acquisition this month.
 
“We’ve had initial conversations with half-a-dozen bankers and the formal process will start in the next couple of months,” Jain said over a Zoom call discussing the acquisition and the IPO. “We are targeting an IPO within the next nine to 12 months.”

Mumbai-headquartered Netcore is a software-as-a-service, or SaaS, startup that specializes in offering customer communication and engagement solutions to businesses. It bought about a

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First Published: Mar 24 2022 | 11:25 AM IST

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