Press Release9 May 2024, 09:35 pm
Route Mobile Limited Becomes Part of Proximus Group, Expands Global Footprint and Product Portfolio
AI Summary
Route Mobile Limited, a global CPaaS company, has been acquired by Proximus Group for INR 59,244 million (EUR 643.0 million). The acquisition will help Route Mobile expand into mature markets like the USA and Europe and will ensure sustainable growth. Rajdip Gupta will continue to lead the CPaaS business globally. Proximus Group will now hold 82.70% of Route Mobile.
Key Highlights
- Route Mobile has been acquired by Proximus Group for INR 59,244 million (EUR 643.0 million)
- The acquisition allows Route Mobile to expand into mature markets and expand its product portfolio
- Rajdip Gupta will continue to lead the CPaaS business globally
- Proximus Group now holds 82.70% of Route Mobile