Route Mobile

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Route Mobile Ltd
FormerlyRoute SMS
Company typePublic
ISININE450U01017
IndustryTelecommunication
Founded2004
FounderRajdip Gupta
Headquarters
Mumbai, Maharashtra
,
India
Area served
India
Key people
Rajdip Gupta (MD, Group CEO)
Sandip Gupta (Chairman – Non-executive)
ProductsMessaging Solutions, Voice, Chatbot, Identity Solutions, Emailer
RevenueIncrease ₹3,608 crore (US$450 million) (FY23)[1]
Increase ₹333 crore (US$42 million) (FY23)[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[edit]

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]

Acquisition and partnerships[edit]

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] [9]

Route Mobile partners with companies including Idea Cellular,[10] Lanka Bell, and Arab Financials Services for providing messaging services in India, Sri Lanka, Middle-East and North Africa region.[11]

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.[12]

Honours and awards[edit]

  • 2019: The Best Messaging Innovation – Consumer Solution Award at Messaging and SMS Global Awards, London.[13]
  • 2019: The Fastest Growing Indian Technology and Telecom Company Award in UK at India Meets Britain Tracker 2019.[14]
  • 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.[15]
  • 2019: The Best Governed Company in the unlisted segment (Emerging Category) award at the 19th ICSI National Award for Corporate governance.[16]

References[edit]

  1. ^ a b "Route Mobile Q4 FY23 net profit more than doubles to Rs 104 crore". Moneycontrol. 19 May 2023. Retrieved 14 June 2023.
  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. ^ ALex, John. "GB Whatsapp".
  10. ^ Gupta, Deepali. "Idea Cellular looks to plug revenue leakage". The Economic Times.
  11. ^ "Route Mobile partners with Lanka Bell". Business Line. 11 March 2020.
  12. ^ "Proximus legt 643 miljoen euro op tafel voor meerderheidsbelang in Indiaas techbedrijf". VRT NWS (in Dutch). 17 July 2023.
  13. ^ "Winners of the 2019 Messaging and SMS Global Awards named". www.capacitymedia.com. Retrieved 28 July 2020.
  14. ^ "Indian investment in UK on rise despite Brexit: Report". The Economic Times.
  15. ^ "Route Mobile [UK] Limited Stands Overall 2nd In UK's Top Fastest-Growing Indian Companies List". Businessworld.
  16. ^ "ICSI National Awards For Excellence In Corporate Governance Held In New Delhi". Businessworld. Retrieved 28 July 2020.


External links[edit]

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