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From Wikipedia, the free encyclopedia

Route Mobile Ltd
FormerlyRoute SMS
Company typePublic
ISININE450U01017
IndustryTelecommunication
Founded2004
FounderRajdip Gupta
Headquarters,
India
Area served
India
Key people
Rajdip Gupta (MD, Group CEO)
Sandip Gupta (Chairman – Non-executive)
ProductsMessaging Solutions, Voice, Chatbot, Identity Solutions, Emailer
RevenueIncrease 4,023 crore (US$500 million) (FY24)[1]
Increase 388 crore (US$49 million) (FY24)[1]
Number of employees
700+ (2022)
Websitewww.routemobile.com

Route Mobile (formerly Routesms Solutions Ltd) is an Indian cloud communications platform as a service (CPaaS) company. Started in 2004 and headquartered in Mumbai, the company has presence in more than 15 locations across Asia-Pacific, Middle East, Africa, Europe and North America.[2]

History

Route Mobile was started in Mumbai in May 2004 as a cloud communications platform provider for over the top (OTT) and mobile network operators (MNO).[3][4][5]

In May 2017, Route Mobile acquired Call 2 Connect, an ITES provider based out of India.[6] In the same year, Route Mobile acquired 365squared, a SMS firewall company based out of Malta.[7][8]

Route Mobile partnered with companies including Idea Cellular,[9] Lanka Bell, and Arab Financials Services for providing messaging services in India, Sri Lanka, Middle-East and North Africa region.[10]

In July 2023, it was announced that Belgian telecommunications company Proximus Group would be taking a majority stake in Route Mobile through its daughter holding Opal.[11]

Honours and awards

  • 2019: The Best Messaging Innovation – Consumer Solution Award at Messaging and SMS Global Awards, London.[12]
  • 2019: The Fastest Growing Indian Technology and Telecom Company Award in UK at India Meets Britain Tracker 2019.[13]
  • 2020: Among the most fastest growing companies in Technology & Telecom sector and overall 2nd in the UK's top fastest growing Indian companies in the United Kingdom 2020.[14]
  • 2019: The Best Governed Company in the unlisted segment (Emerging Category) award at the 19th ICSI National Award for Corporate governance.[15]

References

  1. ^ a b "Route Mobile Q4 results: Profit falls 9% to Rs 95 cr, revenue remains flat". Business Standard. 6 May 2024. Retrieved 8 May 2024.
  2. ^ "Route Mobile files IPO papers with SEBI, to raise around Rs 600 cr". Moneycontrol.com. 22 January 2018.
  3. ^ Banerjee, Prasid (6 November 2019). "WhatsApp snooping: Is RCS answer to government's localisation problems?". Mint.
  4. ^ "Multiple numbers on a single SIM? Yes, it's possible!". Deccan Chronicle. 28 July 2019.
  5. ^ "Temporary virtual numbers may increase safety of users". Times Now. 28 July 2019.
  6. ^ Gupta, Deepali (9 May 2017). "Route Mobile acquires BPO Call2Connect". The Economic Times. Retrieved 29 July 2020.
  7. ^ Gupta, Deepali (20 September 2017). "Route Mobile to buy Malta-based 365squared". The Economic Times.
  8. ^ "Route Mobile to grow through strategic acquisitions – Times of India". The Times of India.
  9. ^ Gupta, Deepali. "Idea Cellular looks to plug revenue leakage". The Economic Times.
  10. ^ "Route Mobile partners with Lanka Bell". Business Line. 11 March 2020.
  11. ^ "Proximus legt 643 miljoen euro op tafel voor meerderheidsbelang in Indiaas techbedrijf". VRT NWS (in Dutch). 17 July 2023.
  12. ^ "Winners of the 2019 Messaging and SMS Global Awards named". www.capacitymedia.com. Retrieved 28 July 2020.
  13. ^ "Indian investment in UK on rise despite Brexit: Report". The Economic Times.
  14. ^ "Route Mobile [UK] Limited Stands Overall 2nd In UK's Top Fastest-Growing Indian Companies List". Businessworld.
  15. ^ "ICSI National Awards For Excellence In Corporate Governance Held In New Delhi". Businessworld. Retrieved 28 July 2020.

External links

This page was last edited on 8 May 2024, at 13:59
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