Tag: Route Mobile Limited

Business

Route Mobile (UK) Limited signs definitive agreement to acquire Masivian S.A.S to gain a stronger CPaaS foothold in the LATAM market

Oct 12, 2021 by Rekha Nair 0 Comments #CEO of Masiv, #Managing Director and Group CEO, #Rainer Viertel, #Rajdip kumar Gupta, #Route Mobile Limited

Mumbai, India: Route Mobile (UK) Limited, a wholly-owned subsidiary of Route Mobile Limited (“Route Mobile”), one of the leading cloud communication platform service providers to enterprises, over-the-top (“OTT”) players, and mobile network operators, today signed definitive agreements to acquire Masivian S.A.S (“Masiv”), a cloud communication platform service provider catering to enterprises in Latin America (LatAm). The acquisition is aligned to Route Mobile’s global growth strategy to be a recognized global CPaaS player and to solidify its presence in Latin America.

Masiv operates in the LatAm market, with its differentiated and well-adapted cloud communication platform, security and data analytics that offers a comprehensive suite of communications, marketing, and AI-powered products. Masiv offers multichannel notification services through SMS, OTT business messaging, email, as well as voice, serving clients across Colombia and Peru.

Masiv presents a sizable opportunity that can be tapped from local enterprises as well as with global OTT’s, leveraging its added geographical strengths like direct connectivity, cost efficiencies and local presence in the Andean region. Masiv is primarily based in Colombia and Peru, also presents an excellent near-shore talent pool and operational hub for supporting customers in the Americas.

Rajdip kumar Gupta, Managing Director and Group CEO, Route Mobile Limited, said, “Masiv is an established cloud communication platform service provider across LatAm and this acquisition is strategic in many ways for us to compete in new markets.” He further added, “As founders of one of the leading CPaaS players globally, a key target for us was to onboard a global partner to gain a bigger foothold in the Latin American region, and address the international traffic that we’re yet to tap. We intend to be actively involved in Masiv’s growth and expansion of its portfolio.”

We welcome Rainer Viertel and Erwin Viertel to our leadership team and the entire team of Masiv that now combines with ours to create massive tech/product and market synergies to further strengthen our regional presence in LatAm.

Rainer Viertel, CEO of Masiv, said, “We share Route Mobile’s vision to simplify communications for businesses.” He further added, “With Route Mobile’s deep domain expertise in CPaaS enabled products, coupled with its global scalability, we will be able to offer unique communication experiences that are easy to deploy, convenient to manage, and quick to monetize. We are deeply committed to this vision and this relationship will enable us to further accelerate our already impressive growth trajectory in the LatAm market.”

Subject to the fulfillment of customary terms and conditions of the definitive agreements, the acquisition is expected to be completed within the next 60 days.

About Masivian S.A.S

Masivian S.A.S (the “Company”) is a cloud communications platform service provider in Latin America, with strong presence in Colombia and Peru. Masiv offers multichannel notification services through SMS, OTT business messaging, email, as well as voice. Masiv platform orchestrate and automate A2P messaging and multichannel conversations for marketing and operations.

About Route Mobile Limited:

Established in 2004, Route Mobile Limited (“RML”) is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). RML’s portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics, and monetization. RML has a diverse enterprise client base across a broad range of industries including social media companies, banks and financial institutions, e-commerce entities, and travel aggregators. RML is headquartered in Mumbai, India with a global presence in the Asia Pacific, Middle East, Africa, Europe, and North America.

Business, News

Route Mobile Limited Announces Q1 Fy22 Results

Jul 29, 2021 by Rekha Nair 0 Comments #Managing Director& Group Chief Executive Officer, #Mr. Rajdipkumar Gupta, #Route Mobile Limited

Mumbai: Route Mobile Limited (“Route Mobile”), a leading cloud communication platform service provider to enterprises, over-the-top (“OTT”) players and mobile network operators, has announced its financial results for the first quarter ended June 30, 2021.

Q1 FY22 vs Q4 FY21 (Consolidated)

Revenue from operations for the quarter ended June 30, 2021 stood at Rs. 377.5 crore as compared to Rs. 362.4 crore in Q4 FY21.

The Earnings before Interest, Tax, Depreciation and Amortization (Core EBITDA) stood at Rs. 49.1 crore in Q1 FY22 as against Rs. 51.5 crore in Q4 FY21. The Company’s EBITDA margin stood at 13.0%

Profit Before Tax (PBT) stood at Rs. 42.9 crore for Q1 FY22 as compared to Rs. 42.5 crore in Q4 FY21. The company’s PBT margin stood at 11.3%

Profit After Tax (PAT) reported stood at Rs. 34.3 crore for Q1FY22 as against Rs. 35.5 crore in Q4 FY21. PAT margin stood at 9.1%

Commenting on the results, Mr. Rajdipkumar Gupta, Managing Director & Group Chief Executive Officer, Route Mobile Limited, said, “Even in these unprecedented times, we’re poised to capitalize on the growing need to simplify communications, by introducing next-level solutions that are driven by the digital acceleration across markets, with a single aim to deliver superlative customer experience.”

Business World

Route Mobile Limited announces Results for the Q4FY21 and Year ended March 31, 2021

May 20, 2021 by Neel Achary 0 Comments #Managing Director& Group Chief Executive Officer, #Mr. Rajdip Gupta, #Route Mobile Limited

Y21 Revenue from Operations stands at Rs. 1,406.2 crore, PAT stands at Rs. 132.8 Crore

Mumbai: May 19, 2021: Route Mobile Limited (“RML”), a leading cloud communication platform service provider to enterprises, over-the-top (“OTT”) players and mobile network operators, has announced its financial results for the fourth quarter and year ended March 31, 2021.

FY21 (Consolidated)

Revenues from operations for the year ended March 31st, 2021 stood at Rs. 1406.2 crore as compared to Rs. 956.3 crore in FY20.

The Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) stands at Rs. 175.6 crore in FY21, as against Rs. 100.0 crore in FY20. EBITDA margin stood at 12.5%.

Profit Before Tax stood at Rs. 161.5 crore for FY21 as compared to Rs. 69.4 crore in FY20.

Profit After Tax reported stood Rs. 132.8 crore for FY21 as against Rs. 58.2 crore in FY20.The Company’s PAT margin stood at 9.3%.

Earnings per share for FY21 stood at Rs. 24.76.

Commenting on the results, Mr. Rajdip Gupta, Managing Director& Group Chief Executive Officer, Route Mobile Limited, said, “As a leading Global CPaaS company, our business model and practices backed by the increased digital adoption by enterprises have fueled our superlative growth in FY21. We continue to witness very strong momentum moving in to FY22. To help fuel our growth into the western hemisphere, we’ve added Mr. John Owen to the RML team as CEO in Route Mobile (UK) Limited for Europe and the Americas. Under his leadership we will increase our team strength in the regions to ensure we have the presence and skills set to serve the big enterprise clients.”

He further added, “With respect to inorganic growth, we acquired TeleDNA’s operator stack in FY21 to bolster our operator offerings in 365squared Ltd. Further we have recently signed definitive agreements to acquire Phonon Communications Private Limited (“Phonon”). This acquisition will help transition our journey from CPaaS to CxPaaS.  Providing a one stop solution to our customers for any and all communication channels is a core component of our success and we further enhance our offerings with the Phonon suite.”

 About Route Mobile Limited (www.routemobile.com) (BSE: 543228; NSE: ROUTE)

Established in 2004, Route Mobile Limited (“RML”) is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). RML’s portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics and monetization. RML has a diverse enterprise client base across a broad range of industries including social media companies, banks and financial institutions, e-commerce entities and travel aggregators. RML is headquartered in Mumbai, India with a global presence in the Asia Pacific, Middle East, Africa, Europe and North America.

Business World

Route Mobile Limited to strengthen its market presence in the Americas with the appointment of Vikram Shanbhag as Executive Vice President

Feb 9, 2021 by Neel Achary 0 Comments #Route Mobile Limited, #Vikram Shanbhag as Executive Vice President

Chennai: Route Mobile Limited (“Route Mobile”), one of the leading cloud communication platform service providers to enterprises, over-the-top (“OTT”) players, and mobile network operators, today announced the appointment of Mr. Vikram Shanbhag as Executive Vice President – Americas, effective February 1, 2021. In his new role, Vikram will be responsible for market development, and acquisition of new customers in the Americas. This is in-line with Route Mobile’s vision and objectives, which are to expand globally, drive product innovation, and enter new markets.

Welcoming Vikram to Route Mobile, Rajdipkumar Gupta, Managing Director, and Group CEO, Route Mobile said, “We are delighted to have Vikram join us, as he will be instrumental in our CPaaS journey and play a crucial role in our growth strategy in the Americas.” He further added, “We are very optimistic about our opportunities in the Americas market and Vikram’s experience with big-tech companies, cloud communication, and telecom players will help power our businesses into newer markets and segments.”

Milind Pathak, Chief Business Officer, Route Mobile said, “The CPaaS market is poised to grow over 40% CAGR in North America. Digital Transformation in order to communicate with consumers is extremely crucial, the way consumer experiences the Brand/enterprises touchpoints is evolving. Vikram comes with invaluable experience in building and bringing new business and I am confident his deep understanding and expertise in technology and digital transformation will drive us to greater heights.”

Vikram Shanbhag, Executive Vice President – Americas, Route Mobile INC., said, “Route Mobile’s rapid growth has been phenomenal, and I am excited to be a part of an organization with shared aspirations and goals.” He further added, “With the organization’s renewed commitment to building a strong presence in the region, I am confident of meeting our growth objectives and be an enabler to Route Mobile’s vision of helping enterprises to simplify communications and deliver enhanced customer experiences. I look forward to building successful customer, developer community, and ecosystem partner relationships.”

Vikram comes with 25+ years of successful global experience working with leading customers and partners in Telecoms and Enterprise segments providing solutions in domains spanning Fixed and Wireless Networks, Mobile Value Added Services and Digital Transformation technologies. He has enabled established companies such as AT&T Bell Labs, Covansys and Coriant, and start-ups such as Trilogy and FixStream, in achieving growth through product innovation, market expansion, operational excellence and key acquisitions. Vikram holds Bachelor’s and Master’s degrees in Engineering from College of Engineering Pune and the University of Akron respectively, and M.B.A. from the Ohio State University.

About Route Mobile Limited:

Established in 2004, Route Mobile Limited (“RML”) is a cloud communications platform service provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). RML’s portfolio comprises solutions in messaging, voice, email, SMS filtering, analytics, and monetization. RML has a diverse enterprise client base across a broad range of industries including social media companies, banks and financial institutions, e-commerce entities, and travel aggregators. RML is headquartered in Mumbai, India with a global presence in the Asia Pacific, Middle East, Africa, Europe, and North America.

Business World

Route Mobile Ltd. announces Q2FY21 Results

Oct 29, 2020 by Gouri Achary 0 Comments #Mr. Rajdip Gupta, #Route Mobile Limited

Route Mobile Limited (“Route Mobile”), a leading cloud communication platform service provider to enterprises, over-the-top (“OTT”) players, and mobile network operators, has announced its financial results for the second quarter ended on 30th September 2020.

Highlights for Q2FY21 Consolidated Financials

  • Total revenue stands at 354.5 crores as against Rs. 201.4 crore in Q2FY20
  • Revenue from operations stood at Rs. 349.3 crore as against Rs. 196.6 crore in Q2FY20
  • Profit Before Tax stands at Rs. 39.4 crore as against Rs. 15.7 crore in Q2FY20
  • Profit After Tax stands at Rs. 32.7 crore against Rs. 13.0 crore in Q2 FY20
  • Earnings per share (EPS) for the quarter ended September 30, 2020, stood at Rs.6.46

 Q2FY21 (Consolidated)

Revenues from operations for the second quarter ended September 30, 2020 (Q2FY21) stood at Rs. 349.3 crore as compared to Rs. 309.6  crore in Q1FY21. Likewise, the Total Income stood at Rs.354.5 crore in Q2FY21 as against Rs. 312.3 crore in Q1FY21

Profit Before Tax (PBT) stood at Rs. 39.4 crore for Q2FY21 as compared to Rs 33.3 crore in Q1FY21.The Company’s PBT margin stood at 11.1% in Q2 FY21

Profit After Tax (PAT) reported stood Rs. 32.7 crore for Q2FY21 as against Rs. 26.9 crore in Q1FY21.The Company’s PAT margin stood at 9.2% in Q2 FY21

Earnings per share (EPS) for the quarter ended September 30, 2020 stood at Rs.6.46

Commenting on the results, Mr. Rajdip Gupta, Managing Director & Group Chief Executive Officer, Route Mobile Limited, said, “Q2 FY21 has been another quarter of strong performance, backed by better operating leverage, despite the trying circumstances. The pandemic has accelerated CPaaS adoption amongst enterprises, and Route Mobile continues to enable our customers in their digital communication journey. As per Gartner estimates, by 2023, 90% of Global enterprises will leverage API enabled CPaaS offerings to enhance their digital competitiveness, up from 20% in 2020.  We are optimally positioned to be at the forefront and drive this transformation.”