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VERSION 1 OPENS BENGALURU INDIA DELIVERY CENTER (IDC) TO STRENGTHEN DIGITAL CAPABILITIES AND GLOBAL REACH
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Version 1 Opens Bengaluru India Delivery Center (IDC) To Strengthen Digital Capabilities and Global Reach

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Hyderabad, India – February 8th, 2025 – Magellanic Cloud Limited (BSE: MCLOUD) today proudly announced its listing on the National Stock Exchange (NSE: MCLOUD), a significant milestone that underscores the company's relentless drive coupled with exceptional growth and dominance in the technology space. The new chapter in Magellanic Cloud Limited’s growth trajectory will be a propelling force and strengthen its position in the technology space. "Listing on the NSE is a momentous occasion for Magellanic Cloud Limited and a validation of our team's unwavering commitment to innovation and excellence," said Joseph Sudheer Thumma, Global CEO & Managing Director of Magellanic Cloud. "This achievement is not just a milestone; it's a springboard. It fuels our ascendancy to push the boundaries of what's possible in the technology landscape. We are now primed to accelerate our growth, dominate our reach, and deliver unparalleled value to our stakeholders and are incredibly excited about the unprecedented future and the opportunities this listing unleashes for MCloud." Magellanic Cloud Limited stands at the forefront of technology innovation, specializing in e-surveillance, Information Technology (IT), IT-enabled services (ITes), and drone manufacturing. The company’s recent addition to the portfolio is Scanalitix, a VMS (Video Management System) & a video analytics SaaS platform that provides advanced AI Video analytics & is a revolution in the e-surveillance space. This indigenous VMS product further contributes towards our “Make in India” and “Atmanirbhar Bharat” vision. With extensive expertise and clientele across diverse sectors and geographies, Magellanic Cloud Limited empowers businesses to fully leverage advanced technologies like GenAI, Drones, and VSaaS, facilitating partnerships and positioning strength in the technology space. The NSE listing provides Magellanic Cloud Limited with increased visibility & credibility, enabling the company to further own, acquire, innovate, and strengthen its presence not nationally but globally. While remaining focused on pioneering advancements in AI-driven surveillance, GenAI, Digital Transformation Solutions, and Drone Technology, Magellanic Cloud Limited continues to deliver innovative solutions that redefine industry standards.
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Magellanic Cloud Limited Is Now Listed On The National Stock Exchange

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Motor Insurance in India planning to go digital
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Motor Insurance in India planning to go digital

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