Route Mobile Listed Acquired
Route Mobile: Funding Rounds
Disclosed round amounts over time, USD millions.
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 18 Nov 2021 | QIP (Post-IPO) | ₹867.4 crore (~$116.6M, computed at ~74.4 USD/INR) | HSBC Global Investment Funds - Asia Ex Japan Equity Smaller Companies Kuber India Fund Pinebridge Global Funds - Pinebridge Asia Ex Japan Small Cap Equity Fund Pinebridge Global Funds - Pinebridge India Equity Fund RBC Asia Pacific Ex-Japan Equity Fund Societe Generale - ODI Steadview Capital Mauritius Limited Verdipapirfondet DNB Global Emerging Markets | source |
| 25 Feb 2017 | Secondary | $23 Mn (Shrem Group buys ~10% stake from founders; ~$230M implied valuation) | Shrem Group | source |
Route Mobile: Investors
HSBC Global Investment Funds - Asia Ex Japan Equity Smaller Companies Kuber India Fund Pinebridge Global Funds - Pinebridge Asia Ex Japan Small Cap Equity Fund Pinebridge Global Funds - Pinebridge India Equity Fund RBC Asia Pacific Ex-Japan Equity Fund Societe Generale - ODI Steadview Capital Mauritius Limited Verdipapirfondet DNB Global Emerging Markets Shrem Group
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 17 Jul 2023 | Proximus Group | Route Mobile | ₹59,224 million (~EUR 643.0 million) for initial 57.56% stake; USD figure computed at ~82.05 USD/INR (17 Jul 2023) | source |
| 4 Feb 2022 | Route Mobile | M.R Messaging FZC | EUR 38 million (100% equity stake in MRM, UAE); one of three FY22 acquisitions per Route Mobile's FY22 Annual Report alongside Masivian and Interteleco | source |
| 16 Oct 2021 | Route Mobile | Interteleco | 652,500 Kuwaiti Dinar (~$2.15M computed at ~3.3 USD/KWD); Routesms Solutions FZE (Route Mobile subsidiary) acquired 49% equity plus an additional 41% economic/beneficial interest in Interteleco | source |
| 9 Oct 2021 | Route Mobile | Masiv (Masivian) | $47.5 million total consideration (Route Mobile UK Limited acquiring Colombian CPaaS firm Masivian S.A.S / Masiv) | source |
| 1 Jul 2021 | Route Mobile | SendClean | ~₹300 million (~$4.0M, computed at ~74.5 USD/INR, Jul 2021); slump-sale acquisition of Sendclean Business Email Technologies from Sarv Webs Private Limited | source |
| 20 Sep 2017 | Route Mobile | 365squared | Undisclosed | source |
| 9 May 2017 | Route Mobile | Call 2 Connect | Undisclosed | source |
| 7 Nov 2016 | Route Mobile | Defero Mobile | Undisclosed (Singapore-based Defero Mobile, long-term strategic partner; boosts APAC presence) | source |
| 28 Jul 2016 | Route Mobile | Cellent Technologies | Undisclosed (Mumbai-based Cellent Technologies, part of Goel Group; A2P messaging presence in Middle East & Africa; 250+ customers, 30+ team members) | source |
FAQs on Route Mobile
How much funding has Route Mobile raised?
Route Mobile has raised $139.6 Mn across 2 tracked funding round(s), most recently on 2021-11-18. Figures are compiled from cited public sources.
Who are the investors in Route Mobile?
Investors in Route Mobile include HSBC Global Investment Funds - Asia Ex Japan Equity Smaller Companies, Kuber India Fund, Pinebridge Global Funds - Pinebridge Asia Ex Japan Small Cap Equity Fund, Pinebridge Global Funds - Pinebridge India Equity Fund, RBC Asia Pacific Ex-Japan Equity Fund, Societe Generale - ODI, Steadview Capital Mauritius Limited, Verdipapirfondet DNB Global Emerging Markets.