Route Mobile opens new R-;D Centre RouteLab in Bangalore; Stock soars 2%

16 Jun 2022 , 09:25 AM

Route Mobile Limited has announced the opening of RouteLab, a new R&D centre in the heart of Bangalore, India’s Silicon Valley. It is spread over a 20000 sq.ft.

"RouteLab will serve as Route Mobile’s very own Centre of Excellence (CoE) for Engineering for its cutting-edge research and development. The Centre will be responsible for developing new-edge innovations related to Artificial Intelligence (AI), Machine Learning (ML), Blockchain, Mobile Identity, and more", said company.

Route Mobile is known to have a strong connect with the developer ecosystem. RouteLab will further help to leverage this community to become the hotbed for cultivating new ideas. The innovations emerging out of the R&D centre will help Route Mobile deepen engagement between enterprises and their customers. RouteLab will also serve as a centre where its developers will co-create solutions with enterprises and operators.

Speaking on the occasion, Rajdipkumar Gupta, Managing Director and Group CEO said “For true digital transformation, enterprises & operators will need capabilities to innovate with speed. RouteLab CoE in Bangalore will give an option to leverage top-rated capabilities of our CPaaS platform and new-edge solutions, while unlocking amplified agility, scalability and resilience.”

He further said, “Our endeavor is to constantly strive to solve problems, create delightful and secured customer experiences for enterprises and brands."

At around 9:23 AM, Route Mobile was trading at Rs1,294.05 per share up by Rs23.05 or 1.81% from its previous closing of Rs1,271 per share on the BSE.