{{Short description|Indian technology company}} {{Use dmy dates|date=June 2022}} {{Use Indian English|date=June 2022}} {{Infobox company | name = Route Mobile Ltd | logo = Route Mobile.svg | trading_name = | former_name = Route SMS | type = Public | traded_as = {{ubl|{{NSE|ROUTE}}|{{BSE|543228}}}} | ISIN = INE450U01017 | industry = Telecommunication | founded = {{Start date and age|2004}} | founder = Rajdip Gupta | hq_location_city = Mumbai, Maharashtra | hq_location_country = India | area_served = India | key_people = {{ubl|Rajdip Gupta|{{smaller|(MD, Group CEO)}}|Sandip Gupta|{{smaller|(Chairman – Non-executive)}}}} | products = Messaging Solutions, Voice, Chatbot, Identity Solutions, Emailer | revenue = {{up}} {{INRConvert|4023|c}} (FY24)<ref name="fy24"/> | net_income = {{up}} {{INRConvert|388|c}} (FY24)<ref name="fy24">{{cite news |title=Route Mobile Q4 results: Profit falls 9% to Rs 95 cr, revenue remains flat |url=https://www.business-standard.com/companies/results/route-mobile-q4-results-profit-falls-9-to-rs-95-cr-revenue-remains-flat-124050600682_1.html |access-date=8 May 2024 |work=Business Standard |date=6 May 2024 |language=en}}</ref> | num_employees = 700+ | num_employees_year = 2022 | divisions = | website = {{URL|https://www.routemobile.com}} | owner = {{ubl|Proximus Opal {{smaller|(2024–present)}}}} | parent = {{ubl|Proximus Group|{{smaller|(2024–present)}}}} }}
'''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.<ref>{{cite news |date=22 January 2018 |title=Route Mobile files IPO papers with SEBI, to raise around Rs 600 cr |work=Moneycontrol.com |url=https://www.moneycontrol.com/news/business/ipo/route-mobile-files-ipo-papers-with-sebi-to-raise-around-rs-600-cr-2488475.html}}</ref>
==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).<ref>{{cite news|last1=Banerjee|first1=Prasid|date=6 November 2019|title=WhatsApp snooping: Is RCS answer to government's localisation problems?|language=en|work=Mint|url=https://www.livemint.com/technology/apps/whatsapp-snooping-is-rcs-answer-to-government-s-localisation-problems-11573055069439.html}}</ref><ref>{{cite news|date=28 July 2019|title=Multiple numbers on a single SIM? Yes, it's possible!|language=en|work=Deccan Chronicle|url=https://www.deccanchronicle.com/technology/in-other-news/280719/multiple-numbers-on-a-single-sim-yes-its-possible.html}}</ref><ref>{{cite news|date=28 July 2019|title=Temporary virtual numbers may increase safety of users|language=en|work=Times Now|url=https://www.timesnownews.com/technology-science/article/temporary-virtual-numbers-may-increase-safety-of-users/460191}}</ref> It partnered with companies including Idea Cellular,<ref name="economictimes">{{cite news|last1=Gupta|first1=Deepali|title=Idea Cellular looks to plug revenue leakage|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/telecom/telecom-news/idea-cellular-looks-to-plug-revenue-leakage/articleshow/65556572.cms}}</ref> Lanka Bell, and Arab Financials Services for providing messaging services in India, Sri Lanka, Middle East and North Africa region.<ref>{{cite news|date=11 March 2020|title=Route Mobile partners with Lanka Bell|language=en|work=Business Line|url=https://www.thehindubusinessline.com/info-tech/route-mobile-partners-with-lanka-bell/article31040724.ece}}</ref>
In May 2017, Route Mobile acquired Call 2 Connect, an ITES provider based out of India.<ref>{{Cite news|last=Gupta|first=Deepali|date=9 May 2017|title=Route Mobile acquires BPO Call2Connect|work=The Economic Times|url=https://economictimes.indiatimes.com/news/company/deals/route-mobile-acquires-bpo-call2connect/articleshow/58584093.cms?from=mdr|access-date=2020-07-29}}</ref> In the same year, Route Mobile acquired 365squared, a SMS firewall company based out of Malta.<ref>{{cite news|last1=Gupta|first1=Deepali|date=20 September 2017|title=Route Mobile to buy Malta-based 365squared|work=The Economic Times|url=https://economictimes.indiatimes.com/tech/hardware/route-mobile-to-buy-malta-based-365squared/articleshow/60760011.cms?from=mdr}}</ref><ref name="economictimes1">{{cite news|title=Route Mobile to grow through strategic acquisitions – Times of India|language=en|work=The Times of India|url=https://timesofindia.indiatimes.com/business/india-business/route-mobile-to-grow-through-strategic-acquisitions/articleshow/70214555.cms}}</ref>
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.<ref>{{cite news|date=17 July 2023|title=Proximus legt 643 miljoen euro op tafel voor meerderheidsbelang in Indiaas techbedrijf|language=nl|work=VRT NWS|url=https://www.vrt.be/vrtnws/nl/2023/07/17/proximus-legt-643-miljoen-euro-op-tafel-voor-meerderheidsbelang/}}</ref> On May 8, 2024, it was announced that this transaction had been completed.<ref>{{Cite web|url=https://www.proximus.com/news/2024/20240508-proximus-set-to-become-a-world-leading-player-in-digital-communications.html#|title=Proximus Group completes the acquisition of a majority stake in Route Mobile|work=Proximus Group|date=2024-05-08|access-date=2024-05-29|language=en}}</ref>
==Recognition== * 2019: The Best Messaging Innovation – Consumer Solution Award at Messaging and SMS Global Awards, London.<ref>{{Cite web|title=Winners of the 2019 Messaging and SMS Global Awards named|url=https://www.capacitymedia.com/articles/3824606/the-winners-of-the-2019-messaging-and-sms-global-awards-are-announced|access-date=2020-07-28|website=www.capacitymedia.com|date=3 December 2019 |language=en}}</ref> * 2019: The Fastest Growing Indian Technology and Telecom Company Award in UK at India Meets Britain Tracker 2019.<ref name="indiatimes">{{cite news|title=Indian investment in UK on rise despite Brexit: Report|work=The Economic Times|url=https://economictimes.indiatimes.com/news/economy/foreign-trade/indian-investment-in-uk-on-rise-despite-brexit-report/articleshow/69042421.cms?from=mdr}}</ref> * 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.<ref name="businessworld">{{cite news|title=Route Mobile [UK] Limited Stands Overall 2nd In UK's Top Fastest-Growing Indian Companies List|language=en|work=Businessworld|url=http://www.businessworld.in/article/Route-Mobile-UK-Limited-Stands-Overall-2nd-In-UK-s-Top-Fastest-Growing-Indian-Companies-List/14-05-2020-192108/}}</ref> * 2019: The Best Governed Company in the unlisted segment (Emerging Category) award at the 19th ICSI National Award for Corporate governance.<ref>{{Cite web|last=|first=|date=|title=ICSI National Awards For Excellence In Corporate Governance Held In New Delhi|url=http://businessworld.in/article/ICSI-National-Awards-For-Excellence-In-Corporate-Governance-Held-In-New-Delhi/14-01-2020-182036|archive-url=|archive-date=|access-date=2020-07-28|website=Businessworld|language=en}}</ref>
==References== {{reflist|2}}
==External links== *[https://www.routemobile.com/ Official Website] *[https://sms-kub.com/ SMS Gateway]
Category:Mobile telecommunications Category:Companies based in Mumbai Category:Software companies of India Category:Mobile technology companies Category:Cloud communication platforms Category:Indian companies established in 2004 Category:2004 establishments in Maharashtra Category:Software companies established in 2004 Category:Companies listed on the National Stock Exchange of India Category:Companies listed on the Bombay Stock Exchange Category:2024 mergers and acquisitions