Route Mobile has approved the acquisition of the AI-led omnichannel business undertaking of Heltar Technologies Private Limited by its wholly owned subsidiary, Route Connect Private Limited. The acquisition will be conducted via slump sale on a going concern basis for a total consideration of INR 33.65 Cr. This strategic move aims to strengthen and expand Route Mobile's capabilities in artificial intelligence and omnichannel communications within the AI-driven omnichannel CpaaS and conversational commerce space.

The Board of Directors of Route Mobile approved the transaction at its meeting held on July 13, 2026. The transfer includes all assets, liabilities, business contracts, intellectual property rights, employees, and other related rights and obligations associated with the business. The acquisition is subject to the completion of condition precedents mentioned in the Business Transfer Agreement (BTA).

The consideration for the acquisition consists of an upfront payment of INR 23.88 Cr at closing and a deferred payment of INR 9.77 Cr payable at the end of 18 months from the closing date. Heltar Technologies, incorporated on July 10, 2023, reported a turnover of INR 246.16 Lakhs for the financial year 2025-26, a significant increase from INR 10.79 Lakhs in the previous year.

To facilitate the acquisition, Route Mobile approved an unsecured loan or inter-corporate deposit facility of INR 35 Cr to Route Connect Private Limited. The loan will be granted in one or more tranches specifically for the acquisition and business purposes. The facility carries an interest rate of 9% per annum and is repayable over a term of 5 years from the date of disbursement.

The loan agreement is scheduled to be executed on or before July 22, 2026. Route Mobile retains the right to convert the outstanding facility, along with accrued interest, into fully paid-up equity shares of Route Connect at a price determined by the lender. The transaction with the wholly owned subsidiary is exempt from certain regulatory requirements under Section 186 of the Companies Act, 2013, and is conducted on an arm's length basis.

Financial Overview of Heltar Technologies

Key Transaction Details

Route Mobile announced a strategic partnership with Truecaller to expand the reach of its Business Messaging platform globally. The collaboration aims to help enterprises connect more effectively with customers through interactive and trusted messaging, leveraging rich media support to drive stronger engagement and long-term value creation.

As part of the partnership, Route Mobile will enable access to Truecaller Business Messaging, empowering enterprises to deliver secure, reliable, and trusted communication at scale. The platform offers both one-way and two-way communication capabilities, including verified business messaging, hyperlinks for actionability, smart-priority sticky notifications, and read receipts.

The alliance aims to enhance user engagement by enabling businesses to reach more than 500 million monthly active users globally on Truecaller. These capabilities are designed to facilitate contextual, immersive messages that seamlessly integrate images, documents, and videos, thereby improving campaign effectiveness and customer interactions.

Leadership Perspectives

Tushar Agnihotri, CEO, Route Mobile, stated that combining the company's robust CPaaS (Communications Platform as a Service) infrastructure with Truecaller's extensive user reach enables brands to communicate more effectively. He emphasized that the collaboration supports secure communication at scale, helping businesses strengthen customer engagement.

Priyam Bose, Global Head, GTM, Truecaller, said the partnership will help drive broader platform adoption and create new opportunities to serve enterprise customers through Route Mobile's extensive global network.

Key Partnership Details

The following table outlines the core features and scope of the partnership between Route Mobile and Truecaller:

The disclosure was made to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.