The company was originally incorporated as a private limited company under the Companies Act, 2013 pursuant to a certificate of incorporation issued by the Registrar of Companies, Maharashtra, Mumbai dated December 21, 2017 with the name ‘Streamcast Cloud Private Limited’. Subsequently, the name of the company was changed to ‘Varanium Cloud Private Limited’ and a fresh certificate of incorporation consequent upon change of the name was issued by the Registrar of Companies, Mumbai, Maharashtra, on June 29, 2021. Subsequently, the company was converted into a public limited company and the name of the company was changed to ‘Varanium Cloud Limited’ and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Mumbai, Maharashtra, on September 17, 2021.

The company is a fast-growing Indian technology company that is focused on providing services surrounding digital audio, video and financial blockchain (for PayFac) based streaming services. Varanium’s unique network transportation technology allows content to be delivered to end devices faster and cheaper. Varanium’s technology is also completely device agnostic and can be delivered to any mobile device or screen, wired or wireless, agnostic of operating system or type of screen. It reduces transmission needs by giving people what they need, rather than transmitting the entirety of the file which necessitates the need for multiple copies to be made and proximity to the end user. Its algorithm first profiles the end user for device and IP characteristics. Once the profiles are created, server works to determine the fastest possible delivery route to the end user. Depending on the user profile created, the server computes the maximum potential file size that can be supported by the end user and commences real time transcode.

Business area of the company

The company operates in the following key verticals:

• Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments.
  
• Online payment facilitation services (PayFac).
  
• Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under Edmission brand.
  
• Provision of information technology related services to startups and SMEs to help them transition their business to digital platforms and manage the relevant infrastructure on a IaaS (Infrastructure As A Service) model.

Major Events and Milestones

• December 2017: Incorporation of the Company Streamcast Cloud Private Limited.
  
• March 2018: Acquired 100% control by Harshawardhan Hanmant Sabale.
  
• October 2018: BSNL x Edmission Partnership Inauguration by Hon. Chief Minister of Maharashtra State, Shri Uddhav Thackeray.
  
• February 2019: Inauguration of the Edmission Centre in Sawantwadi.
  
• February 2019: Launch of the JUMP Set-top boxes in Sawantwadi by Hon. Min. Deepak Kesarkar.
  
• August 2019: 1st Batch of Scholarship Exams held in the Edmission centre, more than 500 students participated. A ratio of 10 girls for every 3 boys.
  
• October 2019: Launch Of JumpTalk - Our VOIP Audio and Video conferencing solution.
  
• January 2020: Public Wi-Fi Launch in Sawantwadi City and Campus. Free Wi-Fi mesh facility to the students and residents of sawantwadi city.
  
• January 2020: Classes started for various MPSC, UPSC, Banking and Civil Services exams in the Edmission campus.
  
• July 2020: Official Launch of the Edmission Digital Platform on the auspicious occasion of Guru Purnima.
  
• August 2020: Online MPSC UPSC classes started in association with Siddharth Academy.
  
• October 2020: Payment Gateway Services Launched.
  
• June 2021: Change of name to Varanium Cloud Private Limited.
  
• September 2021: Conversion of the Company to Public Limited Company.