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Latest news about Route Mobile

Route Mobile Reports Full Utilization of IPO Proceeds for Debt Repayment and Strategic Acquisitions 2 days ago

Route Mobile has utilized INR 1,580.91 million out of INR 2,400.00 million raised through its IPO. Funds were used for debt repayment (INR 365 million), acquisitions and strategic initiatives (INR 830 million), and general corporate purposes (INR 385.91 million). INR 650 million allocated for office premises in Mumbai remains unutilized and is currently in fixed deposits. The company has fully repaid loans to HDFC Bank and Kotak Bank, and completed strategic acquisitions including TeleDNA Communications, 365squared Ltd, Sarv Webs Private Limited, and Mr. Messaging FZE. Axis Bank, the monitoring agency, reported no deviations from stated objectives.

Route Mobile Declares ₹3 Per Share Second Interim Dividend for FY2025-26 4 days ago

Route Mobile Reports Net Loss in Q2 Due to Exceptional Write-offs 4 days ago

Route Mobile Reports Mixed Q2 FY25-26 Results with Revenue Growth and EBITDA Jump 5 days ago

Route Mobile Sets Q2 FY26 Results Announcement and Earnings Call Oct 28, 2025

More news about Route Mobile

16Oct 25

Route Mobile and Kalaam Telecom Join Forces to Boost WhatsApp Business Services in Middle East

Route Mobile, a Proximus Global company, has formed a strategic partnership with Kalaam Telecom to expand WhatsApp Business services across the Middle East, focusing on the Gulf Cooperation Council (GCC) region. The collaboration aims to leverage the area's growing digital economy, projected to reach $780 billion by 2030. The partnership will integrate WhatsApp Business service APIs into enterprise operations, combining Route Mobile's cloud communications expertise with Kalaam Telecom's regional presence. The agreement was formalized through a Memorandum of Understanding at GITEX Global 2025.

09Sept 25

Claro CENAM and Proximus Global Join Forces to Enhance A2P Messaging Security in Latin America

Claro CENAM, a subsidiary of América Móvil, has partnered with Proximus Global to improve security and profitability of A2P messaging services in Latin America. The collaboration will use Proximus Global's 365squared technology to combat fraud, spam, and artificially inflated traffic. The Latin American A2P messaging market is projected to reach $5.00 billion by 2030. This partnership aims to create a safer A2P ecosystem, reaching over 5 billion subscribers worldwide. The deal has implications for Route Mobile Limited, as Proximus Global is its promoter company.

05Sept 25

Route Mobile Unveils RoUBot: AI-Powered No-Code Chatbot Solution

Route Mobile Limited has introduced RoUBot, an AI/ML-based chatbot solution that allows businesses to create and deploy chatbots without coding expertise. RoUBot features a no-code platform, AI integration with ChatGPT and NLP engines, multi-channel deployment, a user-friendly interface, and system integration capabilities. The solution targets various industries including BFSI, e-commerce, education, retail, hospitality, and healthcare. The global chatbot market, valued at $525.70 million in 2021, is projected to grow at a CAGR of 25.70% through 2030, indicating a favorable market for RoUBot.

25Jul 25

Proximus Global Achieves 'Visionary' Status in Gartner Magic Quadrant for CPaaS

Proximus Global, the parent company of Route Mobile Limited (RML), has been recognized as a 'Visionary' in Gartner's Magic Quadrant for Communications Platform as a Service (CPaaS). This marks Proximus Global's first appearance in the Magic Quadrant since its formation on January 1, 2025, through the merger of BICS, Telesign, and Route Mobile. The company is expanding its services, including global RCS coverage and enhancing its CPaaS stack with Network APIs. Proximus Global's offering combines Route Mobile's reach in emerging markets, Telesign's network APIs, and BICS' global telecom infrastructure.

25Jul 25

Route Mobile Reports Revenue Decline in Q1 Despite Margin Improvements

Route Mobile's Q1 results show a 4.8% YoY revenue decline to INR 10,508.00 million, but improved profitability with gross margin expanding to 21.4% and adjusted EBITDA margin increasing to 11.0%. The company processed 39.3 billion transactions, maintaining last year's volumes. Rajdipkumar Gupta has returned as CEO, focusing on growth and cost optimization. Despite losing a large customer, Route Mobile onboarded new clients and secured a significant firewall deal in Latin America. The company is expanding its global footprint for non-SMS products and leveraging its partnership with Proximus Global.

23Jul 25

Route Mobile Shareholders Overwhelmingly Approve Jan Van Acoleyen's Appointment as Non-Executive Director

Route Mobile Limited secured 99.96% shareholder approval for appointing Jan Van Acoleyen as a Non-Executive Non-Independent Director. The postal ballot, conducted via remote e-voting from May 29 to June 27, saw 86.29% voter turnout. Van Acoleyen's appointment is effective from April 16, when he was initially appointed as an additional director. The resolution received 54,337,251 votes in favor and 23,232 against, with strong support across all shareholder categories.

22Jul 25

Route Mobile CEO Gautam Badalia Steps Down, Effective Immediately

Gautam Badalia, CEO, Chief Investor Relations Officer, and Key Managerial Personnel of Route Mobile Limited (RML), has resigned effective immediately. The Board of Directors approved his resignation, which was announced in a BSE filing. Badalia, who served the company for over eight years, is leaving to pursue other career opportunities. He has committed to ensuring a smooth transition and expressed confidence in the company's future. Route Mobile has not yet announced a successor for the CEO position.

18Jul 25

Route Mobile Reports Q1 FY26 EBITDA Decline Amid Market Challenges

Route Mobile's Q1 FY26 financial results show a decrease in EBITDA to ₹940.00 million from ₹1,230.00 million year-over-year. Revenue from operations declined 4.8% to ₹10,508.30 million. The company faces challenges in the A2P SMS segment but reports improved gross margins. Strategic initiatives include expanding RCS-based solutions, partnering with global system integrators, and focusing on telecom API opportunities. The overseas segment contributes 94% of total revenue. An interim dividend of ₹3 per share was announced. Management changes include Rajdipkumar Gupta's re-designation as MD and CEO, and Sammy Mamdani's appointment as COO.

18Jul 25

Route Mobile: Q1 Results Show Revenue Decline and Leadership Change

Route Mobile Limited announced Q1 financial results with a 10.6% sequential decline in revenue to ₹1,050.80 crore and a 6% drop in profit after tax to ₹58.78 crore. The company processed 39.3 billion billable transactions and reported net cash of ₹1,082.60 crore. CEO Gautam Badalia has resigned, with Founder Rajdipkumar Gupta taking over as MD and CEO. The company is focusing on cost optimization, AI automation, and diversification strategies to navigate market challenges. An interim dividend of ₹3 per share has been recommended.

09May 25

Route Mobile Suspends Financial Guidance Amid Global Uncertainties

Route Mobile Limited has decided to withhold specific financial guidance for the near future, including FY 2025-2026, due to global uncertainties affecting enterprise and OTT communication spending. The company is focusing on cost optimization and integration with Proximus to realize cross-sell synergies. Despite this cautious approach, Route Mobile maintains its commitment to distribute 20% of annualized profits to shareholders. The company plans to provide more comprehensive information after its summer review.

08May 25

Route Mobile Reports Q4 Financial Results: Revenue Up, EBITDA Down

Route Mobile's Q4 financial results show a 15.54% year-over-year revenue increase to ₹11.75 billion. However, EBITDA decreased to ₹1.22 billion from ₹1.25 billion, with EBITDA margin falling to 10.38% from 12.33%. Profit Before Tax slightly decreased to ₹1.04 billion. The company reported an exceptional item of ₹247.00 million. Despite challenges in maintaining profitability metrics, the strong revenue growth indicates robust demand for Route Mobile's services.

25Apr 25

Route Mobile Sets Stage for Q4 FY25 Results and Earnings Call

Route Mobile Limited will release its Q4 and FY 2025 financial results on May 7, 2025. The board meeting will consider audited financial results and a final dividend recommendation. The company has closed its trading window from April 1 until 48 hours after results announcement. An earnings conference call is scheduled for May 8, featuring key management participants. Investors can access results on the company website and join the call via provided access numbers.

08Apr 25

Route Mobile's Subsidiary Launches AI-Powered SMS Spam Protection Solution

Route Mobile's subsidiary, Proximus Global, has introduced 365Guard, an AI-powered solution to combat SMS spam and fraud. The system can block millions of unwanted messages daily, addressing a global problem where scammers stole $1.03 trillion in 2024. 365Guard uses a three-stage approach: logging suspicious activity, alerting mobile network operators, and taking preventive action. It employs AI-powered analytics for dynamic threat detection, adapting to regional threats and complex AI-driven attacks. The solution complements Proximus Global's existing security portfolio, offering a comprehensive defense for both P2P and A2P communication channels.

06Mar 25

Route Mobile Soars 11% on Strategic Partnership with Nokia and Proximus Global for Network API Development

Route Mobile Limited's stock price increased by over 11% following the announcement of a strategic partnership with Nokia and Proximus Global. The collaboration, revealed at MWC25, aims to offer network APIs for enterprise application development. Proximus Global's network APIs will be exposed on Nokia's Network as Code platform, while Nokia's CAMARA and 5G APIs will be available through Proximus Global's telco market presence. The partnership focuses on supporting developers in creating new applications for enterprises, particularly in financial services and healthcare sectors. Potential applications include real-time fraud prevention and network slicing for mass gathering events.

05Mar 25

Route Mobile's Proximus Global Forges Strategic Partnership with Nokia for Network API Development

Route Mobile's subsidiary, Proximus Global, has formed a partnership with Nokia to offer network APIs to developers. The collaboration aims to expose APIs on each other's marketplaces, bridge industry segments with the telecom ecosystem, and enable enterprises to leverage expanding API capabilities. Key objectives include API exchange, global reach expansion, and facilitating innovative enterprise solutions. The partnership will utilize Nokia's Network Exposure Platform and focus on applications such as real-time fraud prevention and network slicing for mass events.