The National Stock Exchange’s subsidiary focused on IT services, NSEIT Limited, has acquired a majority stake in Cloudxchange.io, a startup that provides cloud services.

However, the financial details of the deal have not been disclosed.

With the addition of Cloudxchange.io, NSEIT will be able to provide end-to-end digital transformation solutions ranging from cloud to security.

The launch of Cloudxchange.io is a step forward for NSEIT’s vision of creating a cloud-native, innovative, and niche digital solution provider.