Edelweiss Financial Services acted as Book Running Lead Manager (BRLM) to Route Mobile Limited in its QIP

Route Mobile provides mobile communication solutions, offering text messaging, voice calling, number lookups, firewall, email and other related services. The company ranked second globally as Tier 1 application-to-peer (A2P) service provider in 2017.

Edelweiss Financial Services has successfully closed INR 8,675mn (c.US$ 117mn) Qualified Institutions Placement (QIP) for Route Mobile. The deal is a testimony to Route Mobile’s ability to emerge as a leading global CPaaS player.