Startup Funding Tracker

Excitel funding, investors and company details

Excitel is an emerging Telecom startup from New Delhi, working in the space of Excitel operates in the telecommunications industry, specifically broadband internet service provider (ISP) and FTTH services.. Founded by Vivek Raina, Nikolai Gorchilov, Plamen Petkov.

  • Company: EXCITEL BROADBAND PRIVATE LIMITED
  • Sector: Telecom
  • Location: New Delhi
  • Founders: Vivek Raina, Nikolai Gorchilov, Plamen Petkov
  • Total funding raised: ₹89.21 Cr

Company overview

Excitel is Excitel Broadband Private Limited (CIN: U63090DL2015PTC277612), a New Delhi-headquartered ISP founded in 2015 providing high-speed FTTH broadband internet services across India. With 1,001-5,000 employees and serving over a million homes in 100+ cities, it offers unlimited data plans up to 1 Gbps via its end-to-end fiber network, focusing on residential areas including unplanned localities. Backed by funding for expansion, it competes as one of India's fastest-growing broadband providers with quick installation and 24/7 support from its Okhla Industrial Estate HQ.Excitel aims to deliver lightning-fast, reliable WiFi without speed throttling, targeting 2.5 million subscribers by expanding FTTH coverage to tier-2/3 cities and prioritizing customer experience through proprietary technology for seamless connectivity.

Funding rounds

  • Latest round: $ 11.50 Mn (₹89.21 Cr.), 2022-05-04