Route Mobile Limited IPO
Incorporated in 2004, Mumbai-based Route Mobile Limited is a leading cloud-communication platform service provider that is offering over the top (OTT), mobile networking, and business process outsourcing (BPO) services. Route Mobile India has a large product portfolio including messaging, voice, email, and SMS filtering, analytics & monetization to clients across diverse sectors including banking and financial services, aviation, retail, e-commerce, logistics, healthcare, hospitality, media and entertainment, pharmaceuticals and telecom.
Route Mobile Limited has a strong client base of 24,500 customers till date & has 3000+ active billable clients including some of the world's largest organizations and a number of Fortune Global 500 companies. Route Mobile Limited global operations include eight direct and seven step-down subsidiaries serving their clients through 15 locations across Africa, Asia Pacific, Europe, the Middle East, and North America.
Route Mobile Limited has three key business verticals; Enterprise and OTT, Mobile operator, and Business Process Outsourcing (BPO). It's Enterprise and OTT vertical offers cloud communication platform services and solutions to enterprises like enterprise messaging, 2Way messaging, enterprise email-sender & Acculync and voice application services. However, in Operator vertical, it provides software and service solution to mobile operators globally while In BPO vertical, it provides a range of voice, non-voice, and consulting services. Route Mobile has acquired 365squared company to provide firewall, analytics & monetization services to telecom operators and through Call2Connect, it offers customer support solutions & back office services.
Competitive Strengths:
1. Leading cloud-service provider
2. Omnichannel Platform for easy campaign scheduling and reporting.
3. Easy to use console to plan, deploy & monitor compaigns.
4. Global & Local customization expertise.
5. Consultative and Lean approach for better customer engagement.
Company Promoters:
Sandipkumar Gupta and Rajdipkumar Gupta are the promoters of the company.
Objects of the Issue:
The objects of the offer are :
1 Repayment or pre-payment, in full or part, of certain existing loan facilities of the Company;
2 Acquisitions and other strategic initiatives;
3 Investment in Subsidiaries for purchase of office premises in London and Singapore; and
4 Purchase of business process outsourcing center in Noida and general corporate purposes.
Issue Details